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.
NSE investor accounts cross 26 crore milestone as mobile trading and tier-2/3 cities drive participation
NSE said in a press release that over 4.3 crore accounts, nearly 17% of the total, have been added in the past year alone, reflecting