How short-term rates impacted corporate borrowings

How short-term rates impacted corporate borrowings

In the past two days, sealed bond deals have indicated that investors now expect higher rates than the existing secondary market rates. Synopsis Bank of Baroda, Rural Electrification Corporation, and Indian Bank are now paying about 25-45 basis points higher for three-to-five-year money compared to their own secondary market rates. MUMBAI: Interest rates are generally … Read more