Which bonds in indian market are "wrapped bonds"?

wrapped bond is simply a bond which is insured by a monoline insurer against credit default risk .

in other words a small premium is paid in addition to bond price simply to protect bond holders to go from the whole liquidation process .

the monoline insurer simply pays up the bond value,in case of default , collects the bonds and then liquidates the issuing entity itself.

kindly let me know which bonds in indian market have this kind of security “wrapping” ?

Check this link.

1 Like

great info , thanks siva