Resumen de First Indian masala bond explained.
The article reports on the emergence of the Housing Development Finance Corp. Ltd. (HDFC) as the first Indian corporate to issue masala bonds or offshore rupee-denominated bonds, as of August 2016. Topics discussed include the amount of money raised by the Indian mortgage lender from an offering on the London Stock Exchange, statement from HDFC Chairman Deepak Parekh, and significance of the masala bonds to issuers.
