Govt says all options open

The government today refuted reports that it has opted for an NRI bond issue instead of sovereign bonds, saying ''all options on sovereign bond issue are on table''.

''Some news channels and news wires have been misreporting that the Government of India is no longer contemplating a sovereign bond issue,'' a government release pointed out. ''These reports are without any basis. As the ministry of finance has said repeatedly, all options are on the table and are examined from time to time. Steps are taken by the government at the appropriate time.''

The official release added that such misreporting only helps to create unnecessary speculation.