Bharat Bond ETF will be made of AAA-rated papers issued by govt-linked firms
The amount, which is also more than three times the world's annual economic output, has been driven by a $7.5 trillion surge in the first half of the year that shows no signs of slowing
Both debt and equity look unattractive at the moment, but one cannot stop investing
The desire to enter the private debt space in India comes when there is an acute fund crunch in real estate and among non-banking financial companies
As recent incidents show, triple A ratings can turn to default in less than a year
Global bond indices play a critical role in influencing cross-border flow of debt capital. India isn't there as yet
Sebi's diktat on debt market borrowing isn't enough
Reforms in infrastructure strategy, bank governance and debt markets needed to prevent future NPA traumas
The ability to lock in returns and offer indexation benefit makes FMPs attractive in the current scenario of hardening yields
Trend likely to continue as Sebi has decided to offer direct entry to well-regulated foreign investors for investing in corporate bonds