Explore Business Standard
Don’t miss the latest developments in business and finance.
NRI Bonds
Investors should be mindful of exchange rate risk and limited liquidity in secondary market
 "Sovereign green bonds for NRIs offer credit-risk-free returns in long term")
In 2021, the RBI came out with the Retail Direct Scheme, a one-stop solution to facilitate investment in government securities by retail investors. NRI investors can also invest via the platform
 "How NRIs can invest in govt bonds through RBI's retail direct scheme")
Lender claims to be the first to offer these products in GIFT City
 "ICICI Bank launches dollar bond, deposit-linked loan for NRIs at GIFT City")
Canara Bank raised Rs 2,000 crore worth of AT1 bonds at a rate of 7.99 per cent, taking its total issuance of such bonds so far in the year to Rs 4,000 crore
 "State Bank of India may sell Rs 4,000 crore tier-2 bond next week")
The rupee on Friday reversed its seven-day losing streak to close at 71.74 a dollar from its previous close of 72
 "Brokerages call for $30-35 billion NRI bonds to strengthen rupee")
The report said government bond yields are capped by market expectation of large scale RBI open market operations
 "RBI likely to launch $30-35 bn NRI bond in Dec quarter to prop rupee up")