India Inc raises $4 bn via overseas bonds in 2013 so far

India Inc raises $4 bn via overseas bonds in 2013 so far
Indian companies have raised around USD 4 billion via overseas bond markets in 2013 so far, helped by falling treasury yields in the international market and widened investors' base, said a media report.

The report further added that the momentum will continue this year as well and another USD 10 billion could find way into India through overseas bond sale.

Companies such as Bharti Airtel, ICICI Bank, HDFC Bank, Reliance Industries have raised funds from overseas bond market in recent few months amidst falling international treasury yields.

Analysts said that this could be the best time for raising funds from abroad due to global liquidity and increasing confidence in the Indian economy.

Read more about: bonds
Story first published: Friday, March 8, 2013, 9:30 [IST]
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