Bond yields lower after better-than-expected state debt demand

Indian states today raised an aggregate of 149.63 billion Indian rupees ($1.83 billion) through a sale of bonds maturing between four years and 25 years. States have raised only about 70% of the notified funds so far in this financial year, as per Reserve Bank of India data.

Bond yields lower after better-than-expected state debt demand
Indian states today raised an aggregate of 149.63 billion Indian rupees ($1.83 billion) through a sale of bonds maturing between four years and 25 years. States have raised only about 70% of the notified funds so far in this financial year, as per Reserve Bank of India data.