Lehman Bros authorised as primary dealer in India

miércoles 31 de octubre de 2007 07:02 CET

MUMBAI Oct 31 (Reuters) - Lehman Brothers Fixed Income Securities Private Ltd LEH.N has been authorised to undertake primary dealership business in India from Thursday, Nov. 1, India's central bank said in a statement on Wednesday.

Primary dealers underwrite federal bond auctions and participate actively in primary and secondary debt markets.