TY  - BOOK
AU  - P. Rajajaishankar
AU  - Gireesh chandra tripathi 
AU  - Meghna sharma
TI  - Credit Enhancement : An enabler for secondary market development of infrastructure Finance in India
PY  - 2023///
CY  - Noida 
PB  - Indian Institute of Finance 
KW  - Finance
KW  - Investment
KW  - Infrastructure
KW  - Bonds
N2  - Quantum of investment needed for Indian infrastructure are huge.Credit Enhancement strengthens the lower rated bonds by bringing in some safety features and help increase in the bond market activities. This paper examines various ways of credit enhancement, their usefulness, especially for infrastructure projects. A few cases Indian as well as International have been discussed which highlight the benefits of CE  as a potential tool to augment cost effective long term f8ixed resources from bond market. One common finding is that is process beneficial to all stakeholder certainly reduces financial cost and elongates the repayment period. This paper primarily deals with external credit enhancement offered by third party enhancers which include Letter of Credit and wrapped Securities that have been found to be best tools
ER  -