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Opening ceremony of the listing of the first ever 'Masala Bond' from a non Indian sovereign entity

Acting High Commissioner, Mr. Dinesh K. Patnaik attended the market opening ceremony of the listing of the first ever Masala bond from a non Indian sovereign entity - from the Canadian Province of British Columbia, at London Stock Exchange. Speaking at the occasion, he said that the success of Masala Bonds has demonstrated the confidence that international investors continue to repose in the strength of Indian economy. It is also a testimony to the centrality of the city of London and the London Stock Exchange to international financial markets and its links to the Indian economy.

Minister of Finance for British Columbia Mr. Michael de Jong, and UK Parliamentary Under Secretary of State at the Foreign, Commonwealth Office Mr. Alok Sharma MP and Chief Executive Officer of London Stock Exchange, Mr. Nikhil Rathi were among the other eminent speakers present at the listing.

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Nov 21, 2016
 
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