India's top life insurers - LIC, ICICI, HDFC, SBI - are set to invest in InvITs, REITS

Bonds issued by InvITs or REITs are likely to offer at least 100 basis points more than vanilla corporate bonds, fund managers said. InvITs or REITs are formed using a pool of assets that are bunched up in a Special Purpose Vehicle (SPV), which can sell bonds to raise debt up to 50 percent of net worth.

from Banking/Finance-Industry-Economic Times https://ift.tt/3njwgyo