Authorizing Stressed Corporate Bond Trading: CEA Krishnamurthy Subramanian – The Hindu
Regulators should consider allowing trading of bonds issued by distressed companies in the corporate bond market, suggested Krishnamurthy Subramanian, chief economic adviser (CEA), adding that with the COVID-19 pandemic, the COVID-19 pandemic is ‘inevitably’ expected to worsen the distress of businesses ” and balance sheet lenders, the country needed a price discovery mechanism for stressed […]
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