Current Affairs - Finance - Discussion

Sagarmala Finance is set to launch India’s maiden blue bond issue on September 28, 2026. Sagarmala Finance Corporation plans to raise ₹600 crore through 10-year bonds, with an additional ₹500 crore available through the greenshoe option. The funds will be used to support maritime-sector projects, including greenfield port facilities and coastal road networks. Blue bonds are financial instruments designed to finance projects connected with the sustainability and preservation of marine and water resources. The issue has received an AA+ rating from ICRA and CARE, while SBI Capital Markets will act as the arranger for the bond issuance.