Question : Which bank has recently listed the green bonds worth 650 million dollar on INX and LUxembourg Stock Exchange ?
a. SBI
b. PNB
c. BOB
d.HDFC Bank
Ans. a.
Related facts —
- SBI has recently(November 2021) listed its USD 650-million green bonds simultaneously on the India International Exchange(India INX) and the Luxembourg Stock Exchange(LuxSE).
- This listing was done on the occassion of the World Investor Week.
- Background —
- India INX is India’s first international stock exchange and subsidiary of Bombay Stock Exchange.
- Last year in November it had announced its memorandum of understanding with the LuxSE for cooperation in financial services industry, maintenance of orderly markets in securities respective country, ESG (environmental, social and governance) and green finance in the local market.
- This dual listing of green bonds is the first step towards this collaborated effort.
- It is notable that SBI has raised USD 800 million in the green bond market so far.