Foreign investors may be allowed to buy corporate bonds

The finance ministry is considering allowing individual foreign investors to directly buy corporate bonds issued by Indian companies, extending to debt a similar facility recently allowed for equity investments that could, in the long run, help deepen the country’s shallow bond market.
http://economictimes.indiatimes.com/markets/bonds/budget-2012-finance-ministry-may-allow-foreign-investors-to-directly-buy-corporate-bonds/articleshow/11918634.cms

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