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India said to be eyeing raising $10bn in first overseas bond sale

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India's preferred currencies are yen and euro as yields are lower, but it is also considering dollars as the currency is more liquid, unnamed sources say

Nirmala Sitharaman, India's finance minister, gestures as she speaks during a news conference in New Delhi, India, July 5 2019. Picture: BLOOMBERG/T NARAYAN

The government’s preferred currencies would be yen and euro because yields are lower, but it is also considering dollars as the currency is more liquid, the people said, asking not to be identified as the plan is still under discussion.

 

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