NEW DELHI (Reuters) - India will raise by $5 billion each the caps on foreign institutional investors holding government and corporate bonds, Finance Minister P. Chidambaram said on Tuesday and forecast growth of 6.5-7 percent in the next fiscal year, Citi said in a note.
Foreign investors will be allowed to hold up to $15 billion of government bonds and $25 billion in corporate bonds, the minister was reported to have said during a meeting with investors in Hong Kong.
A one-year lock in period on holding infrastructure bonds will be eliminated, he said.
The meeting was held in the lead up to India's 2013/14 budget on February 28 where new investment and tax guidelines are likely to be announced.
(Reporting By Frank Jack Daniel)
Anda sedang membaca artikel tentang
Chidambaram says to raise foreigners' bond holding caps - Citi
Dengan url
http://untukkesehatanda.blogspot.com/2013/01/chidambaram-says-to-raise-foreigners.html
Anda boleh menyebar luaskannya atau mengcopy paste-nya
Chidambaram says to raise foreigners' bond holding caps - Citi
namun jangan lupa untuk meletakkan link
Chidambaram says to raise foreigners' bond holding caps - Citi
sebagai sumbernya
0 komentar:
Posting Komentar