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Exim Bank extends line of credit of USD 50 million to the government of republic of Maldives

Exim Bank extends line of credit of USD 50 million to the government of republic of Maldives

Export-Import Bank of India [Exim Bank], on behalf of the Government of India, has extended a Line of Credit [LOC] of USD 50 millionto the Government of the Republic of Maldives for the purpose of financing for Defence projects.The LOC Agreement to this effect was signed in Male’, Maldives on Sunday, February 21, 2021 by H.E. Ibrahim Ameer, Minister of Finance, Government of Republic of Maldives and Mr.

Exim Bank extends LOC of USD 15.00 million to The Republic of Sierra Leone for implementation of potable water projects by Indian companies

Exim Bank extends LOC of USD 15.00 million to The Republic of Sierra Leone for implementation of potable water projects by Indian companies

Export-Import Bank of India [Exim Bank], on behalf of the Government of India, has extended Line of Credit [LOC] of USD 15.00 million to the Government of the Republic of Sierra Leone for the purpose of expansion of the ongoing projects for rehabilitation of existing potable water facilities in four communities in the Borrower’s Country.

India Exim Bank raises US$ 1 Billion for 10 year tenor at record low rate of 2.25% P.A.

India Exim Bank raises US$ 1 Billion for 10 year tenor at record low rate of 2.25% P.A.

India Exim Bank opened the year in style on January 4, 2021, successfully launching a USD 1 billion 10-year Bond. The coupon of 2.25% is a record low for any 10-year bond issuance out of India. The Bank, whose balance sheet is substantially dollarized, is one of the largest Indian issuers of long-term debt in the international debt capital markets and its paper is treated as quasi-sovereign.

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