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Indian firms could increase $30 billion through offshore bond gross sales in 2021

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“By the seems to be of it, given the liquidity ranges and the low yield atmosphere, this 12 months’s bond gross sales may properly be considerably greater than 2020,” said Chetan Joshi, HSBC India’s head of debt financing.

Synopsis

The funds raised in the first seven days of this month were 15% of the proceeds from offshore issues in the whole of last year, and the highest on record for the opening week of a calendar year.

Mumbai: Indian companies may end up raising as much as $30 billion in overseas bond sales in 2021, after a dream start to the year where in the very first week they raised $2.1 billion.The funds raised in the first seven days of this month were 15% of the proceeds from offshore issues in the whole of last year, and the highest on record for the opening week of a calendar year.Investment bankers expect non-bank finance companies that are seeking

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