Budget proposal: Will market-making give India’s corporate bond the fillip it has long needed?
The budget’s plan to introduce market makers aims to inject liquidity into our corporate bond market and widen retail access. But even in the market for government securities, only benchmark bonds can easily be liquidated. The idea could work—if key impediments that keep bonds illiquid are tackled
The budget’s plan to introduce market makers aims to inject liquidity into our corporate bond market and widen retail access. But even in the market for government securities, only benchmark bonds can easily be liquidated. The idea could work—if key impediments that keep bonds illiquid are tackled
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