NTPC’s foreign bonds and masala bonds listed on NSE-IFSC

NSE-IFSC, the National Stock Exchange’s (NSE) international exchange, has listed NTPC Limited’s foreign currency bonds and masala bonds on its debt securities market. It has raised $2,400 million, €500 million and Rs 40 billion by issuing bonds in different tranches, under its $6 billion medium-term note programme, and the bonds are listed on stock exchanges in London and Singapore. The company will benefit by getting a single-point access to a global platform for raising funds through various investor categories/currencies.