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Maiden Tranche of Sovereign Green Bonds
February 14 , 2023
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- The first tranche of India's debut sovereign green bonds worth ₹80 were auctioned recently.
- These bonds that bring in resources to implement such climate-related projects are called Sovereign Green Bonds.
- They are similar to government securities.
- The Sovereign Green Bonds were launched by the Reserve Bank of India.
- Two different types of bonds have been launched.
- The one Bond maturing in 2028 and the another maturing in 2033.
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