Sri Lanka Blue Bond Dual-Listed on NSE IX at GIFT City
Why in the news
A Blue Bond from Sri Lanka, the first of its kind for that country, got listed in India’s GIFT City exchange platform, in addition to its other listing.
Key facts
- Instrument: Sri Lanka’s first Blue Bond.
- Listing venue: NSE International Exchange (NSE IX), GIFT City; the listing is dual.
- Use of funds: marine conservation and sustainable ocean projects.
- Enabler: an MoU with the Colombo Stock Exchange.
Significance
The dual listing is read as a step towards closer cross-border capital market collaboration, with funds pointed at ocean-linked causes.
Exam angle
- Place to remember: GIFT City, home of NSE IX.
- Partner exchange: Colombo Stock Exchange.
- Theme: ocean finance, a part of sustainable finance.