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    Question

    National Bank for Agriculture and Rural Development

    (NABARD) has raised close to ____  via three-year bonds in 2023.
    A Rs.4500 crore Correct Answer Incorrect Answer
    B Rs.4000 crore Correct Answer Incorrect Answer
    C Rs.5000 crore Correct Answer Incorrect Answer
    D Rs.5500 crore Correct Answer Incorrect Answer
    E None of these Correct Answer Incorrect Answer

    Solution

    In the first issue of fund raising through bonds in 2023, National Bank for Agriculture and Rural Development (NABARD) has raised close to Rs 5,000 crore via three-year bonds. The coupon for the three-year bond was 7.63 per cent. The yield on government bonds with similar maturity was above 7.16 per cent.

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