ADB may look at fresh issuance of rupee denominated bonds

The Asian Development Bank's President, Masatsugu Asakawa, has revealed the bank will consider issuing bonds in the rupee denomination, which would cut forex volatility. Market conditions and the balance between supply and demand will drive the bank's decision. Multilateral funding agency the ADB has raised funds through rupee bonds before, financing projects in India

ADB may look at fresh issuance of rupee denominated bonds
The Asian Development Bank's President, Masatsugu Asakawa, has revealed the bank will consider issuing bonds in the rupee denomination, which would cut forex volatility. Market conditions and the balance between supply and demand will drive the bank's decision. Multilateral funding agency the ADB has raised funds through rupee bonds before, financing projects in India