The Fed is widely expected to hike rates by 75 basis points in its battle against decades-high inflation. Its aggressive monetary policy campaign has battered the U.S. stock market in recent weeks, with investors worried the Fed’s measures could hobble the economy.
How will higher anchor investor allocation impact lower rated bond market?
The capital markets regulator has introduced a credit-rating based quota for allocating limits for anchor investors, according to a circular issued on Friday. Earlier, the