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.
- Electoral Bonds – Introduction, Context, Importance & Significance
- Types of Bonds – Basics of Bond, General Features and Characteristics