Sugar and Spice, The Masala Bond is Served. - 0 views

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  #1 india incorporated on 25 Nov 14

   

  by Arup Ganguly
  
  Not surprisingly, the INR 10 billion bond issued by World Bank last week on the London Exchange has been trading well in the secondary market. Afterall, what's not to like? A credit tighter than Indian govies (government bonds) and a yield better than US Treasuries. The so called "Masala Bond" offers investors an ideal opportunity to gain risk-adjusted exposure to Mr Modi's resurgent India.
  
  That this is, to date, the largest INR issue in London shows the growing fervour around the Indian recovery story, not only amongst the Indian diaspora but also global institutional investors.
  
  Read more...
  
  Visit us at: www.indiaincorporated.com

   

  <div class="cArrow"> </div><div class="cContentInner"><strong>by Arup Ganguly</strong><br /><br />Not surprisingly, the INR 10 billion bond issued by World Bank last week on the London Exchange has been trading well in the secondary market. Afterall, what's not to like? A credit tighter than Indian govies (government bonds) and a yield better than US Treasuries. The so called "Masala Bond" offers investors an ideal opportunity to gain risk-adjusted exposure to Mr Modi's resurgent India. <br /><br />That this is, to date, the largest INR issue in London shows the growing fervour around the Indian recovery story, not only amongst the Indian diaspora but also global institutional investors.<br /><br /><a rel="nofollow" href="http://www.indiaincorporated.com/guest-article/item/4054-sugar-and-spice-the-masala-bond-is-served.html">Read more...</a><br /><br />Visit us at: <a rel="nofollow" title="Link: http://www.indiaincorporated.com" href="http://www.indiaincorporated.com/">www.indiaincorporated.com</a></div>

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