credit market

A low-rated Indian company is set to sell rupee bonds in a rare move

by
A low-rated Indian company is set to sell rupee bonds in a rare move

A lowly-rated Indian corporate is set to sell rupee bonds next week, an oddity in the market dominated by state-owned issuers and companies with high ratings. Debt-laden ., rated provisional C by Acuite Ratings & Research Ltd., will seek bids for as much as 2.98 billion rupees ($36.6 million), according to a document seen by … Read more

JP Morgan | Oksana Aronov: JPMorgan’s Aronov ignores the ‘cash is trash’ chorus

by
JP Morgan | Oksana Aronov: JPMorgan’s Aronov ignores the ‘cash is trash’ chorus

It’s a common motto among investors: Cash is trash. But Oksana Aronov, head of market strategy, alternative fixed income at JPMorgan Asset Management, says not so fast. “I’ve been hearing about investors losing money sitting in cash, and that cash is trash for as long as I’ve been in this industry,” she said on this … Read more