Resurgent Indian Bonds were issued in US dollar, Pound Sterling and:
Resurgent Indian Bonds were issued in US dollar, Pound Sterling and:
(a) Japanese Yen (b) Deutsche Mark (c) Euro (d) French France
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(b) The Resurgent India Bonds (RIBs) are bank instruments issued by SBI representing foreign currency denominated deposits in the form of promissory notes. Offered to Non-Resident Indians and Overseas Corporate Bodies. Bonds being denominated in foreign currency i.e., in US dollar, Pound Sterling and Deutsche Mark, bonds are free from forex risk.
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