LSE, NSE join forces for Masala bonds dual listing

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By Addison Gong
24 Sep 2018

The London Stock Exchange Group (LSE) and the National Stock Exchange of India (NSE) have signed a memorandum of understanding to work together to create a dual-listing route for Masala bonds in the hopes of giving a fillip to the asset class.

A Masala bond issuer will be able to obtain a dual listing on LSE’s international securities market and NSE’s international exchange, called NSE IFSC, in Gujarat International Finance Tech (Gift) City, according to a press release. Gift City is a special economic zone in India and the country’s ...

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