People Moves: Northern Trust, Finbourne, HKEx, Broadridge, and more
A look at the past month’s people moves within the tech and data space, including Benze Lam (pictured), who becomes Northern Trust’s Hong Kong head.
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A look at the past month’s people moves within the tech and data space, including Benze Lam (pictured), who becomes Northern Trust’s Hong Kong head.
"The major advantage is that investors can trade each strip individually, and they do not carry any re-investment risks, which saves them from interest rate volatility," said Venkatakrishnan Srinivasan, founder and managing partner of debt advisory firm Rockfort Fincap.
The observation, made by an inter-departmental group of the central bank in a report, comes amid prolonged discussions between Indian authorities and compilers of global bond indices
Bond yields started rising after the Reserve Bank of India's June monetary policy decision pushed out hopes of a rate cut to February, with many participants expecting one only next financial year
MUMBAI (Reuters) - Indian state-run banks are likely to turn more cautious in their government bond purchases amid rising yields, but will continue to increase their exposure at a more gradual pace, treasury officials said.