The State Bank of India (SBI) on Monday listed its $ 650 million green bonds simultaneously on the India International Exchange (India INX) and the Luxembourg Stock Exchange.
This dual listing is in line with the theme of this year’s Global Investor Week, “sustainable finance,” as stated by the regulator International Financial Services Centers (IFSCA), India INX said in a statement.
World Investor Week (WIW) 2021 is observed from today until November 28.
Last year, in November, India INX, the international arm of BSE, announced its memorandum of understanding with the Luxembourg Stock Exchange (LuxSE) for cooperation in the financial services sector, the maintenance of orderly markets in the respective countries of securities, ESG (environment, social and governance) and green finance on the local market.
This dual listing of green bonds is the first step towards this collaborative effort, according to the press release.
See Zee Business Live TV Streaming below:
SBI Managing Director Ashwini Kumar Tewari said in the statement: “Listing of green bonds on the Luxembourg Stock Exchange will open new avenues for market development and fundraising opportunities in the green bond space. .
The lender has raised $ 800 million in the green bond market so far, he said.
India INX Managing Director and CEO V Balasubramaniam said: “We will work to establish a green corridor with Luxembourg to allow Indian issuers to automatically qualify for dual listing with LuxSE in order to attract investors from Europe and around the world ”.
In 2019, India INX unveiled GSM Green, an exclusively green, social and sustainable bond fundraising and trading platform.
To date, the global securities market has implemented more than $ 58 billion in MTN (medium term note) programs. More than $ 33 billion of bonds have been issued to date, of which $ 4.3 billion of issues are listed on the GSM Green platform.
The mention sources can contact us to remove/changing this article
What Are The Main Benefits Of Comparing Car Insurance Quotes Online
LOS ANGELES, CA / ACCESSWIRE / June 24, 2020, / Compare-autoinsurance.Org has launched a new blog post that presents the main benefits of comparing multiple car insurance quotes. For more info and free online quotes, please visit https://compare-autoinsurance.Org/the-advantages-of-comparing-prices-with-car-insurance-quotes-online/ The modern society has numerous technological advantages. One important advantage is the speed at which information is sent and received. With the help of the internet, the shopping habits of many persons have drastically changed. The car insurance industry hasn't remained untouched by these changes. On the internet, drivers can compare insurance prices and find out which sellers have the best offers. View photos The advantages of comparing online car insurance quotes are the following: Online quotes can be obtained from anywhere and at any time. Unlike physical insurance agencies, websites don't have a specific schedule and they are available at any time. Drivers that have busy working schedules, can compare quotes from anywhere and at any time, even at midnight. Multiple choices. Almost all insurance providers, no matter if they are well-known brands or just local insurers, have an online presence. Online quotes will allow policyholders the chance to discover multiple insurance companies and check their prices. Drivers are no longer required to get quotes from just a few known insurance companies. Also, local and regional insurers can provide lower insurance rates for the same services. Accurate insurance estimates. Online quotes can only be accurate if the customers provide accurate and real info about their car models and driving history. Lying about past driving incidents can make the price estimates to be lower, but when dealing with an insurance company lying to them is useless. Usually, insurance companies will do research about a potential customer before granting him coverage. Online quotes can be sorted easily. Although drivers are recommended to not choose a policy just based on its price, drivers can easily sort quotes by insurance price. Using brokerage websites will allow drivers to get quotes from multiple insurers, thus making the comparison faster and easier. For additional info, money-saving tips, and free car insurance quotes, visit https://compare-autoinsurance.Org/ Compare-autoinsurance.Org is an online provider of life, home, health, and auto insurance quotes. This website is unique because it does not simply stick to one kind of insurance provider, but brings the clients the best deals from many different online insurance carriers. In this way, clients have access to offers from multiple carriers all in one place: this website. On this site, customers have access to quotes for insurance plans from various agencies, such as local or nationwide agencies, brand names insurance companies, etc. "Online quotes can easily help drivers obtain better car insurance deals. All they have to do is to complete an online form with accurate and real info, then compare prices", said Russell Rabichev, Marketing Director of Internet Marketing Company. CONTACT: Company Name: Internet Marketing CompanyPerson for contact Name: Gurgu CPhone Number: (818) 359-3898Email: [email protected]: https://compare-autoinsurance.Org/ SOURCE: Compare-autoinsurance.Org View source version on accesswire.Com:https://www.Accesswire.Com/595055/What-Are-The-Main-Benefits-Of-Comparing-Car-Insurance-Quotes-Online View photos
to request, modification Contact us at Here or [email protected]