India’s Purchase of US Treasuries Hits Record on Capital Inflows
India bought a record amount of Treasuries in July, helped by large inflows under the central bank’s special facilities to draw overseas capital.
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2 matching records found
India bought a record amount of Treasuries in July, helped by large inflows under the central bank’s special facilities to draw overseas capital.
Indian bonds declined after the central bank said it would sell sovereign notes to drain cash from lenders, adding to the supply of debt in a year when the market is already under pressure from record government borrowing.
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