Indiabulls adds spice to Masala bond market

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Indiabulls adds spice to Masala bond market

masala curry px230

Indiabulls Housing Finance raised Rp13.3bn ($200m) from its maiden Masala bond on Wednesday. The trade was the third public offshore rupee deal from an Indian name and more companies from different sectors are set to follow suit, reckon bankers.

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