Masala bonds: fad of the past?

Karry Lai

March 26, 2019

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Mumbai is the financial and entertainment capital of India - Construction crane and skyscraper at sunset "Elements of this image furnished by NASA"

Offshore currency debt was once one of Indian capital markets’ hottest trends. Bankers and DCM lawyers shed light on why they seem to have lost their appeal

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Karry Lai

Interim managing editor

Based in Hong Kong SAR, Karry joined IFLR in October 2017. She manages the team and is responsible for IFLR's content. She also covers all aspects of financial regulation across Asia and has a particular interest in corporate governance and ESG. Previously, she worked in sustainability education and policy research.