Cash Squeeze Inverts India's Corporate Bond Yield Curve
Indian two thousand and five hundred rupee banknotes are arranged for a photograph in Mumbai, India (Photographer: Dhiraj Singh/Bloomberg)

Cash Squeeze Inverts India's Corporate Bond Yield Curve

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(Bloomberg) -- The Reserve Bank of India’s tight leash on liquidity is having an undesired effect on short-term borrowing costs for the nation’s companies, making it more expensive to sell one-year...
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