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Cryptocurrency investment income ✌️【Fund】✌️With ₹500, your journey to 100% returns per month starts now! Invest and grow!The name ‘Masala Bonds’ came about in IFC’s effort to give a bit of Indian flavour to the name, and therefore relying on the Indian culture and cuisine; basing it on the fact that Indian cuisine as represented by the ‘Spicy Masala Curry’, which is quite popular throughout the western world.The chronologyInterestingly, Masala Bonds were not the first of such bonds issued internationally — while with respect to the Indian currency, the first Masala Bond issue was in November 2014 (as mentioned above).
Cryptocurrency investment income ✌️【Fund】✌️Start investing now with ₹500 and grow your wealth with AI-driven smart choices.Similar bonds, denominated in the Chinese Renminbi (RMB) but issued outside China, were issued by the China Development Bank in 2007 — these bonds are called ‘Dim Sum Bonds’.
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Cryptocurrency investment income ✌️【Fund】✌️Invest ₹500 and see your money grow with fast, reliable returns!According to a Citibank July 2016 report, at present there are a total of 110 Dim Sum Bond issues trading in the market with a par value of RMB 183.10 billion and a market value of RMB 185.22 billion — the average coupon is 4.10%, the Yield to Maturity (YTM) is 4.05% and the average life is 3.34 years, with over 75% bonds being of the investment grade.
Interestingly, these bonds are an offshoot of the Eurobonds that have been in existence since 1963 with some modifications and choice of currencies.According to one of the world’s leading stock exchanges, currently, as many as 30 offshore Indian rupee bonds have listed in total on the LSE, raising an approximate amount $3.5 billion.
Cryptocurrency investment income ✌️【Fund】✌️From ₹500 to exponential growth. Start investing now for high returns!The major Masala Bond issues till date are:*A Rs 10 billion ($150 million) issue in November 2014 by IFC to fund infrastructure projects in India*A Rs 3.15 billion ($47.25 million) issue in August 2015 by IFC to be used for private sector investments that address climate change in India.*A Rs 30 billion ($450 million) issue in July 2016 by HDFC — the first Indian company to issue Masala Bonds*A Rs 20 billion ($300 million) issue in August 2016 by NTPC — the first corporate Green Masala BondsFor Masala Bonds, as in the case of Dim Sum Bonds, the currency risk is borne by the bond investors.
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