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NSE-IFSC has listed NTPC’s foreign currency bonds and masala bonds on its debt securities market. NTPC has raised $2,400 million, €500 million and ₹4,000 crore by issuing bonds in different tranches, under its $6-billion Medium Term Note Programme, and the bonds are listed on stock exchanges at London and Singapore.
While NTPC can benefit by getting single point access to a global platform for raising funds through various investor categories/currencies, for NSE-IFSC, the listing of NTPC’s foreign currency bonds can serve to position it as an exchange of choice for various other domestic/overseas issuers, said Gurdeep Singh, Chairman and MD, NTPC.
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