The BSE's India International Exchange (India Inx) listed Saturday last week Indian Railways Finance Corporation's (IRFC) first green bond of $500 million with a 10-year tenure. The bond is one of the highest credit rated bonds issued by an Indian corporate.
BSE's India Inx, which was inaugurated on January 9, 2017, is the country's first capital raising platform for international investors in any currency.
Minister of Railways and Coal Piyush Goyal rang the gong before Inx listed the first bond on its global securities market.
IRFC Managing Director S K Pattanayak said that "Our IRFC green bond is a commitment to sustainable development and we look forward to serving the financial needs of India's rail transport infrastructure and would be in a position to raise more funds as and when required".