Decrease rates of interest and better liquidity have resulted in document issuance of company bonds, with Indian corporations elevating over Rs 8 trillion from the bond market to this point within the present 12 months. Greater liquidity has decreased the unfold over authorities securities and lowered the market rates of interest.
As Reserve Financial institution of India (RBI) Governor Shaktikanta Das famous in his assertion on financial coverage final week, the unfold of AAA-rated three-year bond yields over authorities bonds has come down from 60 foundation factors on October 8 to 17 foundation factors. Yields on lower-rated bonds have additionally dropped …
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First Revealed: Thu, December 10 2020. 23:38 IST
