Interest News
Commercial paper market returns to life after interest rate cut
Companies are thronging to the debt market to raise short-term funds as the market is offering attractive interest rate differential for both issuers and investors. There have been commercial paper issuances to the tune of Rs 7,500 crore after the 50 basis points (bps) rate cut announced in the annual monetary and credit policy on Tuesday. Typically, there are issuances worth Rs 1,500 crore-3,000 crore
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