💨 Abstract

India's Jio Finance has delayed its corporate debt market entry to the next financial year due to increased yields. The company had planned to issue its first bond before March, but investors were unwilling to bid below 7.90%, making the offer unattractive for Jio Finance, which has no urgent need for funds. The delay comes after State Bank of India also shelved its bond-raising plans.

Courtesy: theprint.in

Summarized by Einstein Beta 🤖