India’s Largest Insurer Plans First Zero-Coupon Bond Purchase
India’s largest insurer is preparing to buy zero-coupon sovereign bonds for the first time, according to people familiar with the matter, in the latest sign that the country’s financialization is...
By Saikat Das, Bhaskar Dutta · Bloomberg Markets
India’s largest insurer is preparing to buy zero-coupon sovereign bonds for the first time, according to people familiar with the matter, in the latest sign that the country’s financialization is pushing asset managers into new products to boost returns.