Current Affairs · Infrastructure Finance
Consider the following statements regarding the National Bank for Financing Infrastructure and Development (NaBFID) proposal to increase the Credit Enhancement Cap: 1. NaBFID requested an increase in the partial credit enhancement facility cap from 20% to 50% of the bond issue size. 2. This move is intended to allow infrastructure companies to access the bond market on better financial terms. 3. The enhancement will enable relatively lower-rated infrastructure companies to secure better credit ratings for their bonds. Which of the statements given above are correct?
- 11, 2, and 3✓
- 21 and 3 only
- 32 and 3 only
- 41 and 2 only
Correct answer
1, 2, and 3
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