Time ripe for India sovereign dollar bond – opinion

23 Oct 2012

Now that India’s macroeconomic picture is slowly improving, the country should start mapping out a schedule to issue a dollar sovereign bond as liquidity constraints continue to strain its financial system.

Indian companies and banks received an impressive reception from international creditors this year. Yield-starved investors helped Indian issuers raise a record in dollar funding so far this year, which has nearly hushed the long debate over whether India still needs to launch a US dollar-denominated sovereign bond. ...

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