Economic TimesLean R·
On Bond Street, falling yields spur a Rs 17,000-crore fundraise
At least eight institutions raised a combined ₹17,060 crore through bond issuances on Friday as falling benchmark yields made corporate debt financing more attractive.Yields on the benchmark 10-year government bond have declined 28 basis points over the past month, lowering borrowing costs and encouraging issuers to tap the debt market, market participants said. One basis point is a hundredth of a percentage point."There has been a rebound in issuances in the past month as market sentiments tur…
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