Indian bonds suffer tough week

By Alice Huang
20 Jul 2020

Bonds from Indian corporations were among the worst performing investment grade deals in Asia last week. The primary market also suffered, with one deal cancelled and another put on hold.

Indian bonds were four out of the 10 worst-performing investment grade bonds in Asia last week, according to CreditSights research. An analyst at the firm said the widening was due to the weakening macro picture in the country, which is causing some investors to reduce their exposure.

India’s ...

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