Budget proposal to stimulate the corporate bond market – Economic Times

Budget proposal to stimulate the corporate bond market – Economic Times

The government’s proposal to create an institution that will buy and sell corporate bonds is likely to stimulate the shallow secondary market, which usually dries up in times of crisis. Corporate bonds provide a means of long-term financing in a country where banks generally prefer short-term loans. “To instill confidence among players in the stressful […]
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