NRI bond issue to mend rupee’s record dip: BoA-Merrill
India’s policymakers are very likely to issue a large sized bond to non-resident Indian investors in order to help defend against a rupee speculative attack and plug current account deficit, says the bank.
Unlock this article.
The content you are trying to view is exclusive to our subscribers.
To unlock this article:
- ✔ 4,000 annual insights
- ✔ 700+ notes and long-form analyses
- ✔ 4 capital markets databases
- ✔ Daily newsletters across markets and asset classes
- ✔ 2 weekly podcasts