5 days ago
India May Discuss Second-Half Borrowing Plan September 25
India is expected to talk about how much money it will borrow later in the year.
The discussion may happen on September 25.
India is consulting people who participate in financial markets.
These consultations happen regularly before a borrowing plan is prepared.
Most investors said they preferred more bonds that last for three or five years.
Bonds are a way for governments to borrow money.
The information came from one source and two traders.
They did not give their names because they were not allowed to speak publicly.
India is likely to discuss its borrowing plan for the second half of the fiscal year on September 25.
The discussions are expected to involve market participants.
The consultations are a regular practice held before the borrowing plan is announced.
Most investors favored increasing the share of shorter-dated three-year and five-year bonds.
One source and two traders provided the information anonymously because they were not authorized to speak to the media.
- Who
- India, market participants, investors, one source and two traders.
- What
- A discussion about India’s borrowing plan for the second half of the year.
- Where
- When
- Likely September 25; no year is specified.
- Why
- The consultations are being held ahead of the borrowing plan, as part of a regular practice.
Key facts
- Expected discussion date
- September 25
- Subject
- India’s second-half borrowing plan
- Consultation participants
- Market participants
- Investor preference
- A larger share of three-year and five-year bonds
- Consultation timing
- Ahead of the borrowing plan
- Practice
- The consultations are described as regular
- Sources
- One source and two traders, speaking anonymously
Sources
Related news
Reliance Industries Plans $1 Billion Rupee Bond Fundraise
Reliance Industries Plans India’s Largest Listed Bond Sale
Stocks to Watch Thursday as Key Corporate Developments Drive Focus
India bond yields above 7% make 3–5-year debt attractive
Indian Firms Extend Debt Maturities as Long-Term Demand Strengthens
Mumbai Municipal Corporation Plans India’s Largest Local Bond Sale
Rahul Gandhi Alleges Election Rigging, Targets Election Commission
Gautam Gambhir Reflects on Two Years Leading India
ARAI Launches Drone Certification to Strengthen India’s Growing Sector
NPCI Says UPI Charges May Affect Limited Transaction Value
JSW Seeks Volkswagen Coverage of $1.4 Billion India Tax Bill
