India’s bond market is so hot even Baba Ramdev is selling debt – The Financial Express

India’s bond market is so hot even Baba Ramdev is selling debt – The Financial Express

The increase in early bond sales will help add depth to the debt market, providing more choice for investors while at the same time giving rise to the risk of buying notes from borrowers with no track record.

New bond issuers are rushing into India’s debt market as unprecedented stimulus measures lower borrowing costs to the cheapest since 2005. Patanjali Ayurved Ltd. Yoga guru Baba Ramdev…

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