India Will Shield Some Newly Issued Debt From Foreign Investment

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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.

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