BRICS-Backed Bank to Issue India’s First Rupee Bond by March 2026
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最新报道：The BRICS-backed New Development Bank plans to issue India's first rupee-denominated bond by March 2026, raising $400-500 million through 3-5 year bonds. The bank is in advanced regulatory discussions with India's central bank for this debut issuance, which supports India's currency internationalization efforts and aligns with broader BRICS de-dollarization strategy. The bond will provide local currency financing for Indian projects and is expected to attract emerging market investors despite recent rupee weakness.
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