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Indian junk bonds make a comeback, issuance soars

Updated : April 23, 2019 09:42 AM IST

Indian companies have sold $3.7 billion in high-yield, or junk-rated, bonds so far this year, an increase of 187 percent from 2018
The Indian central bank's decision to relax offshore borrowing rules also boosted the sale of junk bonds and higher-grade dollar debt by Indian issuers
Indian junk bonds make a comeback, issuance soars

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