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Issuance of Formosa Bond – SBI
February 3 , 2022
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- State Bank of India (SBI) has issued $300 million Formosa bonds and listed the issuance on India INX GIFT IFSC.
- The lender is the first Indian entity to raise money through Formosa Bond, which is a bond issued in Taiwan.
- SBI was the first issuer whose Green bonds were dually listed in November 2021 on Luxembourg Stock Exchange through an MOU that has been entered into by both Exchanges.
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