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Insolvent DHFL’s Bonds Attract Clutch Of Adventurous Investors
Among the most traded DHFL bonds is a security maturing in June 2021, which has traded at a yield to maturity of about 100%.
16 Dec 2020, 08:43 AM IST
Outstanding bonds issued by insolvent Dewan Housing Finance Corp. have seen some interest from high risk-taking investors as the resolution process moves closer to completion. These bonds, like securities of a few other entities that have gone into default, have traded in small lots at yields higher than 100% at times.According to data from I-Peritus Solutions and Services, a quantitative finance and research platform, there are clos...
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