Why would an investor in india be willing to buy a us bond


Why would an investor in India be willing to buy a US bond that pays 0.25% coupon when he can buy an Indian bond that pays 8% coupon? Do note that for an Indian investor Indian bonds are risk-free. The Indian investor does not have any payable or debt in USD.

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Financial Management: Why would an investor in india be willing to buy a us bond
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