Corporate bond sales set to plunge in Q1 after best quarter in 5 years
After posting their best quarter in five years, rupee bond sales by Indian companies are set to retreat in the three months to June, if history is any guide. Issuance from businesses in Asia’s third largest economy is seen declining to as low as 1.13 trillion rupees ($17.4 billion) this quarter, according to IDFC Bank Ltd., down from...
