Which of the following banks raised $1 billion via a 10-year USD-denominated bond in international markets in January 2025?

Correct option is D

The correct answer is (d) Exim Bank of India

Explanation:

• Export-Import Bank of India (Exim Bank) successfully raised $1 billion through the issuance of 10-year Sustainability Bonds in January 2025.
• The bonds were USD-denominated and aimed at funding projects that support environmental and social sustainability in international markets.
• This issuance marked a significant benchmark for Indian quasi-sovereign issuers, attracting high interest from global institutional investors.
• The 10-year tenor reflects strong investor confidence in the long-term credit profile of the institution.
• The funds are utilized to promote cross-border trade and investment and to provide credit to overseas entities for the export of Indian goods and services.

• Exim Bank of India was established in 1982 under the Export-Import Bank of India Act, 1981, and is wholly owned by the Government of India.
• It serves as the principal financial institution for coordinating the working of institutions engaged in financing export and import.

• It is a public sector bank, but it did not lead a $1 billion USD-denominated bond issuance of this scale in January 2025.

• While NABARD raises funds for rural development, its major 2025 fundraising activities were focused on domestic social bonds.

• The RBI is the central bank and regulator; it does not issue bonds in international markets to raise capital for commercial lending.