Pointing out that global bond markets are still largely over-the-counter institutions, Koay said that for foreign investors looking to invest in Indian bonds, there are four layers at present – setting up a specific account to access bonds located here, determining the exchange rate considerations, procuring the bonds and posting margin considerations while looking at tax considerations.
Cube Highways Trust plans Rs 5,000-cr IPO this month; eyes broader investor base
Cube Highways Trust is set to launch a substantial Initial Public Offering worth Rs 5,000 crore this month, intending to broaden its base of investors.