A company proposes to issue Rupee Denominated Bonds to QIBs in the overseas market

Accounting Nov 20, 2020

A company proposes to issue Rupee Denominated Bonds to QIBs in the overseas market. These bonds shall be pegged to the 6 months LIBOR with coupon reset every 6 months. However, the interest and principal will be paid in rupees and the exchange risk is borne by the investor. This kind of a bond is called:

(a) Paneer Bond (b) Idly Dosa Bond (c) Tandoori Bond (d) Masala Bond

(e) Rabdi Jamoon Bond (f) Jalebi Bond