Tax breaks are India’s lure as green debt misses bond frenzy

Quick Summary:

India aimed to attract interest in its green debt by allowing trading from Gujarat's finance hub.

However, despite tax benefits, the bonds faced low demand due to limited supply and liquidity.

However, despite tax benefits, the bonds faced low demand due to limited supply and liquidity.iStockGreen issuances aren’t among the 20 most popular Indian government bonds with foreign investors.

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Article Details

Author / Journalist: Bloomberg

Category: Business

Markets: IndiaBangladeshChinaGermanyJapanPolandSingapore

Topics: Sustainable Foreign investors Tax breaks Green debt Bonds

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-08-22 @ 09:58:21 (13 hours ago)

News Timezone: GMT +8:00

News Source URL: economictimes.indiatimes.com

Language: English

Article Length: 1377 words

Reading Time: 8 minutes read

Sentences: 31 lines

Sentence Length: 45 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Economic Times

News ID: 22204767

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About Economic Times

Main Topics: Business

Official Website: economictimes.indiatimes.com

Update Frequency: 5 posts per day

Year Established: 1961

Headquarters: India

News Last Updated: 1 days ago

Coverage Areas: India

Ownership: Independent Company

Publication Timezone: GMT +8:00

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Publisher ID: #84

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