Vedanta mulls 1st dollar bond sale of $500 million
The Indian mining company controlled by billionaire Anil Agarwal is considering tapping bond markets for at least $500 million in a debut overseas issuance, according to two people familiar with…
Multiple price auctions show confidence in g-sec demand
Mumbai: The Reserve Bank of India's (RBI) decision to revert to the multiple price method for auctions of sovereign bonds after three years signals confidence on the part of the…
Bond sale rescued by India dealers as rout sweeps across globe
By Subhadip Sircar Primary dealers stepped in to rescue an Indian bond auction as a spike in global yields dented demand for sovereign debt. Underwriters bought about 20% of the…