
Concept explainers
To Determine:
The Volume of bonds traded on the country’s bond market
Introduction:
The country selected for the Market Entry Strategy Project (MESP) is India. India is one of the fastest growing economies in the world. India is also one of the leading countries in the financial sector as it has several banks with the international presence and one the most attracting investment market.
Bond’s Market in India: Bonds are interest-bearing debt security certificates which are issued by the government or the companies issuing the bonds. In India, the equity market is more popular than the debt or bond market but Indian Bond Market has improved a lot after the attraction of foreign investors holding up to 30% of the fixed income securities today.

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Chapter 9 Solutions
International Business: The Challenges of Globalization (8th Edition)
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