The largest debt fund offer in India was subscribed 1.71 times, with local individual investors and non-resident Indians pouring in money. The ETF will invest in a basket of triple-A-rated government-owned companies. This is the first such issuance in India and is seen as an attempt to woo retail investors to bonds.
from Personal Finance News-Wealth-Economic Times https://ift.tt/2Z8qSCe
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