MarketData
\
Credit Market
22 Feb 2021
PSU tax-free bonds of IRFC, PFC, and others have hardly seen any yield movement upwards even as the taxable bond yields of the same issuers have risen by 40bps to 60 bps over the last 2 months. Bond yields have risen in the market on worries of inflation and government borrowing and it is a matter of time before tax-free bonds see a spike in yields.
Disclaimer:
Information herein is believed to be reliable but Arjun Parthasarathy Editor: INRBONDS.com does not warrant its completeness or accuracy. Opinions and estimates are subject to change without notice. This information is not intended as an offer or solicitation for the purchase or sale of any financial instrument. The financial markets are inherently risky and it is assumed that those who trade these markets are fully aware of the risk of real loss involved. Unauthorized copying, distribution or sale of this publication is strictly prohibited. The author(s) of the content published in the site INRBONDS.com may or may not have investments in the assets discussed in the pages/posts.
Copyright © INRBONDS.com by Arjun Parthasarathy 2019-2024