Developing India's Offshore Local Currency Bond Market: Lessons from Emerging Countries

Published By: Indian Council for Research on International Econo | Published Date: August, 01 , 2017

This paper takes stock. It assesses the current market state and structure, surveys a cross-section of market participants to identify the relevant issues, and employs two case studies of EME peers, China and Brazil, to learn from their respective paths and experiences in similar regard. The paper concludes by listing the key essentials for future growth and long-term sustainability of the masala bond market and its emergence as a viable avenue for infrastructure financing.

Author(s): Renu Kohli, Pravakar Sahoo, M. Shuheb Khan | Posted on: Aug 23, 2017 | Views() | Download (432)


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