BlackRock just made India's first $11.43 billion bond trade - here's why
Key Points
- Foreign investors have poured 1 trillion rupees into Indian ...
Foreign investors just dropped 1 trillion rupees ($11.43 billion) on Indian government bonds in 13 months, and now MarketAxess has launched a shiny new platform to make buying them as easy as ordering takeout.
The inaugural trade between BlackRock and Standard Chartered Bank marks the official opening of what could be the smoothest pathway yet for international investors to get their hands on Indian debt. Think of it as Amazon Prime for bond trading - same efficiency, less cardboard boxes.
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