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Government Bonds Oversubscribed; Foreign Investor Bids At $1.4 Billion
28 Jun 2016, 12:08 AM IST i

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New Delhi: Government debt securities on Monday attracted bids worth a staggering Rs 9,348 crore ($1.4 billion) from foreign investors as against Rs 6,949 crore on offer in an online auction.
The development comes after government securities evoked lesser subscriptions from foreign investors in the last two auctions.
Prior to that, the bonds were subscribed multiple times, given the huge interest among foreign investors.
The auc...
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