First Rupee Bond named Masala Bond by HDFC Accepted by UK

HDFC Bank became the First Indian bank to be listing First Rupee Bond named Masala. London Stock Exchange day August 1 haply welcomed Indian Bank Housing Development Finance Corporation (HDFC) Bank. 

The HDFC bank became the first bank to issue such a Rupee bond. The bank's decision was welcomed by UK and the Chancellor of Exchequer. And the Indian Bank HDFC is noted by world wide financial expert by listing its landmark at the top financial center of the world.

Philip Hammond welcomed the bank as it succeeded to raise its bond with 3 billion Indian Rupees. which is equal to 450 US dollars.

Landmark ‘masala’ bond listing is 'a major vote of confidence in London’, says @PHammondMP https://t.co/D68663YoY7 pic.twitter.com/GjIflpRxdB

— HM Treasury (@hmtreasury) August 1, 2016

Tweet Made by Philip Hmmond, Chancellor of Exchequer. United Kingdom

News become viral when the UK Exchequer chancellor's tweet was re-tweetedx by Prime Minister of United Kingdom.

The tweets made by Philip Hammond was also re-tweeted by HM Treasury where another tweets reveals the rise in GDP with 0.6 % achieved during the second quarter of 2016.

The Chancellor of UK Exchequer published a multi media tweet with a image texts saying British economy is too strong. The strong decision to leave EU and its negotiations made British economy a strong economic structure. 

The Chancellor of the British Exchequer states in his tweet that he is confident about the tools available with their financial managers. The UK Government is able to support by necessary actions with Bank of England which will boost up the consumer confidence and better business economic equilibrium.