The ECB facility, which has a tenor of five years, is benchmarked to the Tokyo Overnight Average Rate (TONAR). The proceeds from this facility are earmarked for projects that are closely associated with the railway sector or other ventures approved under ECB guidelines.
The ECB facility, which has a tenor of five years, is benchmarked to the Tokyo Overnight Average Rate (TONAR). The proceeds from this facility are earmarked for projects that are closely associated with the railway sector or other ventures approved under ECB guidelines. by Soban News (international And National News)