India Will Shield Some Newly Issued Debt From Foreign Investment

  • 📰 YahooFinanceCA
  • ⏱ Reading Time:
  • 24 sec. here
  • 5 min. at publisher
  • 📊 Quality Score:
  • News: 23%
  • Publisher: 63%

Reserve Bank Of India News

Foreign Investors,Bloomberg,Government Bonds

(Bloomberg) -- Foreign investors will no longer be able to freely buy freshly issued Indian government bonds with 14-year and 30-year tenors, according to a ...

-- Foreign investors will no longer be able to freely buy freshly issued Indian government bonds with 14-year and 30-year tenors, according to a statement by the nation’s central bank.The change takes effect immediately, the Reserve Bank of India said on its website July 29, without citing a reason. Existing notes in the Fully-Accessible Route category won’t be affected by the directive, the RBI added.

There are currently more than 30 FAR securities in the category, according to The Clearing Corporation of India Ltd.HONG KONG & SCOTTSDALE, Ariz., July 30, 2024--To stay ahead of the competition and delight customers through reliable and timely product availability, electronics manufacturers must transform their supply chains. That’s why TPV Technology, a world leader in display solutions, has selected Blue Yonder to transform its global supply chain operations.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 47. in CA
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Canada Canada Latest News, Canada Canada Headlines