The unexpected move is also seen bringing down yields on short-term government bonds, as the three securities that the government has chosen to buy back are all maturing within six to nine months. A fall in government bond yields brings down cost of borrowing for companies as pricing of corporate bonds is benchmarked to sovereign debt. A bulk of corporate borrowing is through short-term papers.
ETMarkets PMS Talk | Budget 2025 Wishlist: Reduce STT or LTCG taxes to boost retail investor participation
The months of October and November posed significant challenges for Indian stock markets and our fund due to increased volatility and selling pressures. Despite these