The state-run export finance institution will issue three-year floating-rate bonds priced at 90 basis points over the Secured Overnight Financing Rate (SOFR), according to the bankers, who requested anonymity as they're not authorised to speak to the media.
The state-run export finance institution will issue three-year floating-rate bonds priced at 90 basis points over the Secured Overnight Financing Rate (SOFR), according to the bankers, who requested anonymity as they're not authorised to speak to the media.
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The Export-Import Bank of India plans to raise $300 million through dollar bonds. This move utilizes the central bank's subsidized hedging facility for overseas fundraising. The state-run institution will issue three-year floating-rate bonds priced over SOFR. Several other entities have already tapped this facility for foreign currency borrowings. This issuance marks EXIM Bank's second dollar debt offering in 2026.
