India to launch first debt exchange-traded fund
India will launch its first
debt exchange-traded fund (EFT) comprised of debt of state run
companies, finance minister Nirmala Sitharaman said on
Wednesday, in a bid to allow retail investors to buy government
debt.
debt exchange-traded fund (EFT) comprised of debt of state run
companies, finance minister Nirmala Sitharaman said on
Wednesday, in a bid to allow retail investors to buy government
debt.
Posted by Reuters
