PSUs Flock to Debt Market as Quarter-End Funding Needs and Softer Yields Drive Bond Issuances
PSUs Flock to Debt Market : India’s corporate bond market is witnessing a sudden surge in activity, led by public sector undertakings (PSUs) such as Numaligarh Refineries, NABARD, Rashtriya Chemicals and Fertilizers, and Power Finance Corporation (PFC). After two months of subdued activity caused by elevated yields and weak market sentiment, September has brought signs … Read more