Underwriters save 10-year bond sale in India amid supply worries – Mint

Underwriters save 10-year bond sale in India amid supply worries – Mint

The underwriters rescued a sale of Indian sovereign bonds, the third such case in five auctions, underscoring growing concern about the increased supply of debt amidst tight public finances. Primary traders bought 179.7 billion rupees ($ 2.4 billion) of the possible 180 billion rupees of the 10-year benchmark bond, the central bank said in a […]

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