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The US Treasury has embarked some of its biggest ever sales of government debt, totalling $121bn in the next round of announced disposals.
Lockdown triggers first casualty in corporate bond market There were only two bids in the range of 5.6-5.7 percent, with offers to own Rs 100-150 crore. Synopsis This is the first corporate bond casualty in the second wave of the viral surge, underscoring investor apprehension about the economic costs of the curbs and their impact on an economy that was lately trying to clamber out of the sinkhole. MUMBAI /NEW DELHI: Top-rated Chennai Petroleum Corporation (CPCL), a subsidiary of Indian Oil Corp., Thursday withdrew the sale of its corporate bonds after investors demanded a higher rate due to ...