💨 Abstract

Indian state-run companies plan to borrow nearly $2 billion via the bond market next week, following the Reserve Bank of India's first interest rate cut in almost five years. Four firms – REC, IIFCL, HUDCO, and SIDBI – aim to raise up to 170 billion rupees ($1.94 billion) between Monday and Tuesday. Despite higher bond yields post-rate cut, robust demand is expected from key investors.

Courtesy: theprint.in

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