The Reserve Bank of India would continue to buy back foreign currency convertible bonds (FCCBs) issued by Indian companies under the approval route, it said today.
The central bank will consider proposals from Indian companies for
Showing posts with label Bonds. Show all posts
Showing posts with label Bonds. Show all posts
Friday, July 6, 2012
Thursday, July 5, 2012
Much-hyped government bond auctions a dud; cold response despite bargain basement prices
Hopes of strong demand from overseas investors for high-yielding Indian government bonds at a permits auction on Wednesday turned out to be a false dawn, reviving fears that the rupee could come under pressure.
Investors were measured in their bidding despite the Securities & Exchange Board of India
Bond purchases unrelated to rupee movement: RBI
The RBI’s liquidity management operations are unrelated to exchange rate movements, a deputy governor said on Wednesday, following speculation that the bank could buy bonds less frequently as a weak rupee began to show signs of recovery.
To defend the rupee the Reserve Bank of India has been selling
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