3 min read.Updated: 25 Jun 2013, 03:18 PM ISTRenu Kohli
Return of investor interest in the bond market is surprising as it comes in the wake the Fed reiterating that QE will be phased out
It is puzzling that foreign investors placed bids of $6.7 billion to buy local currency debt in the auction held by the Securities and Exchange Board of India (Sebi) on 21 June, since it comes after persistent selling of the same debt by the same investors in the preceding 20 trading days.
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