The vexing issue of the Indian Sovereign Bonds
The Finance Minister of India, Nirmala Sitharaman, in her maiden budget speech announced that India would issue its first international Sovereign Bond. Above the din of sound bytes and criticism that has followed, two investment experts decipher what this really means for the Indian economy. Will they, or Won’t they? Should We, or Shouldn’t we? Global investors have been asking themselves the first question and various agencies of Government of India have been asking the second. The Finance Minister of [...]