Long-dated G-Secs gain favour as comparable corporate bonds stay scarce
As corporate debt becomes increasingly limited, long-tenured government bonds are witnessing a surge in demand. Institutions like insurance companies and the EPFO are pivoting their investments to these government securities. Anticipation that the Reserve Bank of India will maintain its current rate stance bolsters this trend, with upcoming issuances of new long-term bonds from NABFID and the RBI.