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How much International Finance Corporation (IFC) has invested in 5-year unrated masala bond issuances of Fullerton India Credit Company?
  • a)
    USD 46 million
  • b)
    USD 56 million
  • c)
    USD 66 million
  • d)
    USD 76 million
  • e)
    USD 86 million
Correct answer is option 'C'. Can you explain this answer?
Verified Answer
How much International Finance Corporation (IFC) has invested in 5-yea...
Answer – 3. USD 76 million
Explanation
World Bank Group member, International Finance Corporation (IFC) has announced that it has invested USD 76 million in 5-year unrated masala bond issuances of Fullerton India Credit Company.
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How much International Finance Corporation (IFC) has invested in 5-year unrated masala bond issuances of Fullerton India Credit Company?a)USD 46 millionb)USD 56 millionc)USD 66 milliond)USD 76 millione)USD 86 millionCorrect answer is option 'C'. Can you explain this answer?
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