TNPSC Thervupettagam

Dual listing of masala bonds

September 23 , 2018 2126 days 1145 0
  • National Stock Exchange of India (NSE) and London Stock Exchange (LSE) have signed MoU to collaborate on creating a dual listing route for masala bonds and foreign currency bonds of Indian issuers.
  • It will serve as a potential precursor of further joint listings in future that could see foreign currency bonds in India also being able to list in London.
  • The partnership would also explore the launch of "ELITE", LSEG's (London Stock Exchange Group) business support and capital raising programme for private high-growth companies, in India in 2019.
  • It will extend access to the wider base of global investors as well as domestic and regional investors.
 

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