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Asia BondsAsia Corporate BondsAsia - Corp Bonds - High Grade

Surprise party: India upgrade pushes down bond spreads


India’s surprise rating upgrade at the end of last week is expected to encourage more of the country’s issuers to head to the international bond market. But while state-owned enterprises are set to see their funding costs drop, many are unclear about the benefits to what they consider an already upbeat market. Morgan Davis reports.

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