August 2010

Corporate bond markets: New funds for exposure to India

by Poorna Harjani


India’s corporate bond markets are set to flourish through newly structured funds attracting foreign investors worldwide. Investment opportunities once only accessible through banks or registration as a foreign institutional investor (FII) with the Indian regulator are now open to investors abroad wanting to buy Indian debt. Kotak’s recent launch of its fixed maturity plan has raised $140 million in three weeks from investors worldwide, indicating a genuine demand in India’s corporate bond...


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