According to the Primedatabase data, there were 36 issues by Indian companies in the overseas bond market until September, resulting in ₹29,029 crore raised.
In FY24, Indian companies had 18 issues of ₹45,000 crore. In FY23, there were three, raising ₹15,592 crore.
“With the Federal Reserve (Fed) cutting rates, we can expect an increase in overseas bond issues. Companies are looking to diversify their borrowing sources to prevent upward pressure on spreads in the domestic market. Additionally, hedging costs offered by merchant bankers have become more affordable,” said Venkatakrishnan Srinivasan, founder and managing partner, Rockfort Fincap.
この記事は Business Standard の October 18, 2024 版に掲載されています。
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この記事は Business Standard の October 18, 2024 版に掲載されています。
7 日間の Magzter GOLD 無料トライアルを開始して、何千もの厳選されたプレミアム ストーリー、9,000 以上の雑誌や新聞にアクセスしてください。
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