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Strategic shift: LIC increases its g-sec exposures

Strategic shift: LIC increases its g-sec exposures

by AIP Online Bureau | Sep 29, 2023 | Eco/Invest/Demography, Indian News, Life

Presently, more than 70 per cent of LIC’s investments from its non-participating fund of Rs 13.5 trillion ($162.39 billion) is invested in debt, they said. Most insurers keep debt levels at above 90 per cent in their non-participating book to cushion their...

Govt announces to issue 50 yr g-sec for the first time

by AIP Online Bureau | Sep 27, 2023 | Eco/Invest/Demography, Indian News

‘…the Government of India has decided to borrow the balance amount of Rs 6.55 lakh crore (42.45 per cent of Rs 15.43 lakh crore) in the second half of the fiscal year 2023-24 through dated securities, including Rs 20,000 crore through issuance of Sovereign Green...

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