#BondWithSRIRAM'sForSocialPrestige#
Q: What are Nabard's social bonds?
A: Nabard's social bonds are a type of financial instrument issued by the National Bank for Agriculture and Rural Development (Nabard) to fund specific social projects.
Q: How large is the first issuance of Nabard's social bonds?
A: The first issuance of Nabard's social bonds has a size of Rs.3,000 crore.
Q: What makes Nabard's social bonds unique?
A: Nabard's social bonds are considered unique because they are the first of their kind to be issued by an AAA-rated entity.
Q: When is Nabard planning to list its first social bonds?
A: Nabard plans to list its first social bonds on September 29.
Q: What types of projects will be financed through Nabard's social bonds?
A: Nabard's social bonds will finance projects in various social sectors, which may include affordable basic infrastructure,
access to essential services (such as health, education, and vocational training), food security, and employment generation.
Q: Is Nabard planning to issue other types of bonds apart from social bonds?
A: Yes, Nabard is also planning to issue sustainability and green bonds in addition to social bonds.
Q: What criteria must a project meet to be eligible for financing through Nabard's social bonds?
A: Projects eligible for financing through Nabard's social bonds should contribute to environmental mitigation,
conserve natural resources and biodiversity, control pollution, and may include energy-efficient initiatives like green buildings, energy storage, and smart grids.
Q: How does Nabard plan to support the cooperative sector?
A: Nabard aims to support the cooperative sector by providing funds to state cooperative bodies, ensuring that funds flow to district and primary cooperatives.
This support includes initiatives like the Agri Infrastructure Fund.
