Indian lenders defer dollar debt sale plan as rates turn expensive

At least four Indian staterun and private lenders are deferring their plans to tap the US dollar debt market as a recent spike in Treasury yields and hedging costs has made this proposition expensive, bank officials and merchant bankers said.

Indian lenders defer dollar debt sale plan as rates turn expensive
At least four Indian staterun and private lenders are deferring their plans to tap the US dollar debt market as a recent spike in Treasury yields and hedging costs has made this proposition expensive, bank officials and merchant bankers said.

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