HDFC recently issued masala bonds, paying an interest rate of 10 per cent, much higher than what
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HDFC recently issued masala bonds, paying an interest rate of 10 per cent, much higher than what it would have paid for a dollar-denominated bond. How did the bank justify the higher interest payment?
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There could be several reasons why HDFC might justify paying a higher interest rate on masala bonds ...View the full answer
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Related Book For
Corporate Finance Theory And Practice In Emerging Economies
ISBN: 9781108486965
1st Edition
Authors: Sunil Mahajan
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