British PM announces £600m of new Masala bonds for London

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British PM announces £600m of new Masala bonds for London

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NEW DELHI, INDIA - NOVEMBER 07: British Prime Minister Theresa May and Indian Prime Minister Narendra Modi walk through the gardens of Hyderabad House, on November 7, 2016 in New Delhi, India. Theresa May is on a mission to reconnect the UK with the Commonwealth during her first trip to India since taking office, and will be discussing trade. (Photo by Dan Kitwood/Getty Images) | Dan Kitwood/PA Wire/PA Images

Four Masala bonds, totaling £600m ($751m), are expected to be issued in London in the next three months, UK prime minister Theresa May said in a press conference during a trade visit to India this week.

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