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Corporate Bond Issues Up 75% In April-August Amid Flood Of Liquidity
Since the start of the year, corporates have raised Rs 3.58 lakh crore through the bond markets, a 13% increase over last year.
15 Sep 2020, 03:20 PM IST
Bond issues from Indian corporates jumped 75% in the April-August period, supported by a flood of liquidity and a drop in rates.The central bank infused short- and long-term liquidity into the markets in the aftermath of the Covid-19 crisis to ensure financial conditions remain conducive amid an unprecedented economic crisis. This prompted well rated corporations to borrow at lower rates in the market even as banks hunkered down fear...
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