Indian institutions secured over ₹17,000 crore via bond sales as falling benchmark yields made borrowing cheaper. Nabard notably raised ₹8,000 crore at a competitive 7.16% for three-year debt. This surge in issuances is attributed to favorable market sentiment, central bank measures, and expectations of India’s inclusion in a global bond index, with conditions likely to persist until September.
Oil prices little changed as US-Iran peace efforts hold
Oil prices saw minimal change as peace talks between the U.S. and Iran offered hope for the Strait of Hormuz’s reopening. Despite recent skirmishes, a