Elevated short-term yields prompt PSUs to withdraw planned bond issues
· business-standard.com
REC withdraws its planned ₹3,000 crore two-year bond issue after PFC pulled a ₹2,500 crore three-year offering earlier this week as investors seek higher premiums
Market participants said that the withdrawal of short-term bond issues by AAA-rated public sector issuers, despite liquidity in the banking system being at high...