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India Debut 50-Year Bond Fully Sold on Growing Insurer Demand.

Authors :
Makol, Malavika Kaur
Mazumdar, Ronojoy
Source :
Bloomberg.com; 11/3/2023, pN.PAG-N.PAG, 1p
Publication Year :
2023

Abstract

India's yield curve has been nearly flat even amid record borrowing by the government as insurers stepped up purchases of long-term bonds. (Bloomberg) -- India's auction of the debut 50-year bond met with strong demand Friday, underscoring growing interest from insurance and pension funds for ultra-long papers. [Extracted from the article]

Details

Language :
English
Database :
Complementary Index
Journal :
Bloomberg.com
Publication Type :
Periodical
Accession number :
173438478