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View Full Version : Buyers Strike Driving Up Yields for First Tax-Exempt Bonds: India Credit - Bloomberg



NewsWhore
06-23-2011, 09:20 PM
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Buyers Strike Driving Up Yields for First Tax-Exempt Bonds: India Credit (http://news.google.com/news/url?sa=t&fd=R&usg=AFQjCNEsSMZhKLWEFwW88WwBLvoZs8K-lw&url=http://www.bloomberg.com/news/2011-06-23/buyers-strike-driving-up-yields-for-first-tax-exempt-bonds-india-credit.html)
Bloomberg
The tax-free structure underscores efforts by companies to attract investors amid a slump in local-currency debt offerings this year. Rupee notes sold by companies in the South Asian nation slid 35 percent to 674 billion rupees as the central bank ...

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