Booming offshore Rupee bond market set for record year of supply

Booming offshore Rupee bond market set for record year of supply

India’s offshore rupee bond market has made a big comeback this year, with deals from issuers such as the World Bank and the Asian Development Bank pushing annual volumes to an all-time high. Investors have this year bought more than 420 billion rupees ($5 billion) of offshore rupee bonds, which are rupee denominated but settled...

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