Corporate Bonds: Liquidity In Plenty. But Even The Best Of Corporates Aren’t Benefiting
Bystanders react to an electronic screen displaying stock quotes outside of the Bombay Stock Exchange in Mumbai. (Photographer: Prashanth Vishwanathan/Bloomberg News)

Corporate Bonds: Liquidity In Plenty. But Even The Best Of Corporates Aren’t Benefiting

Market participants spent months seeking easier liquidity conditions from the Reserve Bank of India. The liquidity deficit, many believed, was keeping funding costs high and worsening the credit cr...
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