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RBI not in favour of offshore settlement for sovereign bonds: Report
India's central bank, the RBI, is opting against direct settlement of government securities via offshore platforms like Euroclear. Instead, it prefers overseas investors to trade directly on the domestic NDS-OM platform. This move aims to consolidate liquidity and enhance price discovery, despite recent tax incentives designed to attract foreign capital.
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economictimes.indiatimes.com
RBI not in favour of offshore settlement for government securities, sources say
The RBI is steering clear of offshore settlement for government securities, preferring foreign investors to trade directly on the domestic NDS-OM platform. Despite recent tax…
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RBI not in favour of offshore settlement for sovereign bonds: Report
India's central bank, the RBI, is opting against direct settlement of government securities via offshore platforms like Euroclear. Instead, it prefers overseas investors to trade…
