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What is Maharaja bond?

To support domestic capital markets of India, the International Finance Corporation (IFC) Maharaja bonds are issued. Maharaja bonds are rupee-denominated bonds. You can read about the Masala Bonds – Benefits, Features & Significance in the given link.

The bonds are listed in the National Stock exchange and the money raised will be invested in India’s infrastructure projects.

Further readings:

  1. Electoral Bonds – Introduction, Context, Importance & Significance
  2. Types of Bonds – Basics of Bond, General Features and Characteristics
Related Links
Sovereign Gold Bond Scheme- Tenure, Eligibility & Benefits Participatory Notes (PNs): Know about Foreign Instructional Investors (FIIs)
Negative Yield Bonds: Details and Reasons for Buying World Investment Report – UNCTAD (United Nations Conference on Trade and Development)
Additional Tier – 1 Bonds (AT-1 Bonds): Overview and Regulations RBI – Reserve Bank of India [UPSC Indian Economy Notes]
Previous Years Economics Mains Questions for UPSC General Studies Paper – 3 Download Indian Economy Notes For UPSC Examination

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