India’s first-ever Euro Green Bond
On 13th September, 2021, Power Finance Corporation Ltd (PFC) issued its maiden Euro Green Bond of £300 million (~$353 million) under the U.S. Global Medium Term Note Program.
- It is the first-ever Euro denominated Green bond issuance from India.
- Moreover, it is the first-ever Euro issuance by an Indian NBFC and the first Euro bond issuance from India since 2017.
About Green Bond
- A green bond is a fixed-income instrument designed specifically to support specific climate-related or environmental projects.
- Green bonds work just like any other corporate or government bond.
- Borrowers issue these securities in order to secure financing for projects that will ....
Do You Want to Read More?
Subscribe Now
To get access to detailed content
Already a Member? Login here
Take Annual Subscription and get the following Advantage
The annual members of the Civil Services Chronicle can read the monthly content of the magazine as well as the Chronicle magazine archives.
Readers can study all the material since 2018 of the Civil Services Chronicle monthly issue in the form of Chronicle magazine archives.
Economy Watch
- 1 Withholding Tax
- 2 Countercyclical Capital Buffer (CCyB)
- 3 Swadeshi
- 4 National Conference on Enabling Nationwide EV Charging Infrastructure under PM E-DRIVE Scheme
- 5 Green Shoe Option
- 6 India’s First Mega Greenfield Shipyard
- 7 India’s First PM MITRA Park Inaugurated In Telangana’s Warangal
- 8 LEADS 2025 Report
- 9 Scheme for Promotion of Surface Coal/Lignite Gasification Projects
- 10 Emergency Credit Line Guarantee Scheme (ECLGS) 5.0
