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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Corporate Finance Theory And Practice In Emerging Economies

ISBN: 9781108486965

1st Edition

Authors: Sunil Mahajan

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Question Posted: Feb 24, 2024 03:01 AM

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HDFC recently issued masala bonds, paying an interest rate of 10 per cent, much higher than what

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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

Corporate Finance Theory And Practice In Emerging Economies

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