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Sovereign Issues Process To Take Time: Ajay Marwaha

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Head- Trading and Treasury, HDFC Bank, Ajay Marwaha states that there has been $12 billion worth of sovereign issues announced by finance minister P. Chidambaram. Each of these issues is slated to come out through six or seven PSU entities. “However the sovereign bond issue has been announced, but is not on paper,” he points out.