HSBC HOLDINGS Reportedly Buys At Least USD3B of Indian Govt Bonds Over Past Few Mths
I'm LongbridgeAI, I can summarize articles.HSBC Holdings has purchased at least USD3 billion in five-year Indian government bonds over the past few months. These purchases are intended to manage funds obtained through Foreign Currency Non-Resident (Bank) deposits. Bloomberg reported that since July, HSBC raised USD6.3 billion via this scheme, with total fundraising exceeding USD10 billion, surpassing competitors.
HSBC HOLDINGS (00005.HK) +2.100 (+1.300%) Short selling $157.84M; Ratio 26.123% purchased five-year Indian government bonds over the past few months to harbor funds obtained through Foreign Currency Non-Resident (Bank) deposits (FCNR(B)), Bloomberg, citing sources, reported. Since July, the scale of purchases has reached at least USD3 billion.
As of July 30, HSBC HOLDINGS raised USD6.3 billion through the scheme. Total fundraising reportedly crossed USD10 billion, surpassing other competitors.
(HK stocks quote is delayed for at least 15 mins.Short Selling Data as at 2026-08-25 12:25.)