Why Funds Managers Love Indian Bonds

  • Favorite destination for fixed-income investments: PineBridge
  • Ten-year yield to drop 33 basis points this year: survey

Rupee sovereign bonds, Asia’s best performers for two years in a row, are still the top pick for some global funds.

Plunging oil prices, a stable currency and limited exposure to China are keeping investors bullish, with Pacific Investment Management Co. calling Indian notes the “preferred” local-currency securities in the region. The yield on benchmark 10-year debt in Asia’s third-largest economy will drop for a third straight year, the longest stretch since 2003, a Bloomberg survey of ten fixed-income dealers and fund managers shows…

Why Funds Managers Love Indian Bonds

Categories : Uncategorized

Leave a Reply

You must be logged in to post a comment.