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Macro Finance

HSBC Buys at Least $3 Billion of Indian Debt on Deposit Rush

Bloomberg Markets·August 25, 2026·1 min read

HSBC Holdings Plc has purchased at least $3 billion of Indian government bonds since July, using funds from a special diaspora dollar deposit program, according to people familiar with the matter. The move follows a deposit rush, deploying a large pool of capital into Indian debt.

Read at Bloomberg Markets
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