Current Affairs - Business - Discussion

National Stock Exchange (NSE) and London Stock Exchange Group (LSEG) signed a pact on a dual listing route for masala bonds as well as foreign currency bonds of Indian issuers. MOU was signed by NSE MD and CEO Vikram Limaye and London Stock Exchange Plc CEO Nikhil Rathi. Under the MOU, the masala bonds and foreign currency bonds in LSEG would be listed on NSE and the reverse would be done as well. This would help in: Enhancing visibility & increase liquidity in secondary markets, Also reduce the cost of raising capital for all issuers.