Showing posts with label India's debt market. Show all posts
Showing posts with label India's debt market. Show all posts

Saturday, October 11, 2014

India close to allowing Euroclear settlements for sovereign funds - sources

NEW DELHI/MUMBAI (Reuters) - India is close to allowing sovereign wealth funds to settle government bonds on Euroclear, the world's largest securities settlements system, and is likely to set aside up to $3 billion for these long-term investors, according to two officials aware of the discussions.