Question

    Which financial institution raised ₹6,252 crore

    through bonds in the recent bond market activity?
    A Exim Bank Correct Answer Incorrect Answer
    B Punjab National Bank Correct Answer Incorrect Answer
    C Power Finance Corporation (PFC) Correct Answer Incorrect Answer
    D Indian Bank Correct Answer Incorrect Answer
    E National Housing Bank Correct Answer Incorrect Answer

    Solution

    Power Finance Corporation (PFC) raised ₹6,252 crore through bonds with 10-year and 15-year maturities at 7.10% and 7.11%, respectively. This reflects a strong activity in the bond market, highlighting the demand for high-yielding AAA-rated bonds.

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