Learn about the Sovereign Gold Bond 2017-18 Series I, its final redemption price, profits, and tax-free earnings in simple English.
sovereign bonds
India would Sell $10 Billion of Sovereign Bonds in Overseas Markets
One of the early bouncers she faced was hooked for six, when she announced that India would sell $10 billion of sovereign bonds in overseas markets. Whack! In one stroke, she moved the foreign currency risk on to her fiscal accounts, spread joy in domestic bond markets, and heralded lower local interest rates.
Bonds Face Barrier in India as Banks Sell Into Every Rally
Public-sector banks have cut holdings by a net 290 billion rupees ($4 billion) this quarter, even as sovereign bonds are poised for their first quarterly advance in more than a year.