Saturday, July 13, 2013

IDBI offers inflation-indexed bonds to retail investors

H.R.Khan, Deputy Governor, RBI with M.S.Raghavan, CMD, IDBI Bank at the launch of inflation-indexed bonds
.............At the launch event, H.R. Khan, Deputy Governor, Reserve Bank of India, said: “From the issuer (the Government’s) point of view, the inflation-indexed bond brings in a diversified investor base. Obviously, we have been liberalising the opening of our debt market to foreign investors. But predominantly it remains a domestic investor-driven market which, in a sense, provides resilience and strength to the market.” According to Khan, it makes eminent sense to get into government securities (G-Secs) from the investor point of view as well..............

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