Short-term rates collapse in India with funds overflowing with cash – Economic Times
By Subhadip Sircar A glut of liquidity in India has pushed short-term rates down. A three-month Treasury bill was sold on Wednesday at a record low yield, while the repo market posted a trade at 0.01%. Major borrowing costs such as the weighted interbank call rate and guaranteed money market rates are well below the […]
The post Short-term rates collapse in India with funds overflowing with cash…
Discover more from USNewsRank
Subscribe to get the latest posts sent to your email.