Asia

RBI measures may boost local bond demand amid rupee pressure

The Economic Times
RBI measures may boost local bond demand amid rupee pressure

Indian companies may re-enter the bond market given recent central bank measures aimed at stabilizing the rupee. High overseas yields and increased hedging costs have limited borrowing options for these businesses. Analysts suggest that some companies could reconsider bond issuances previously canceled because of excessive yields. With rising bank borrowing costs, bonds may become more appealing for certain issuers seeking flexibility.

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Original Headline

RBI measures may boost local bond demand amid rupee pressure