India sees solid demand from foreign investors for bond quotas

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Reuters Delhi, India
Last Updated : Feb 20 2013 | 6:00 PM IST

MUMBAI (Reuters) - India's attracted 781.77 billion rupees worth of orders for its so-called debt auction limits, which gives foreign investors the right to invest in debt up to the limit bought, according to two traders who took part in the process.

The amount of orders received was well above the 666 billion rupees on offer for the different categories of government and corporate debt.

(Reporting by Archana Narayanan)

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First Published: Feb 20 2013 | 5:48 PM IST

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