India Exim bags $1bn curtain raiser

By Morgan Davis
05 Jan 2021

Indian borrowers re-entered the bond market on Monday, led by the Export-Import Bank of India which printed the country’s first dollar deal of 2021.

Indian borrowing in the dollar market was muted in 2020 due to the Covid-19 pandemic. The country, which has been one of the hardest hit with more than 10m cases reported, saw just $13.31bn raised from dollar bonds in 2020, compared to $20.88bn raised in 2019, according ...

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