Higher-rated companies see decline in cost of raising funds via bonds

Higher-rated companies see decline in cost of raising funds via bonds

Mumbai: Funding costs for higher-rated companies have declined significantly in the past two months, reflecting better transmission of rates, as broader economic revival has narrowed the spread between yields on government and corporate bonds. Contrary to expectations of higher fiscal borrowing to offset the rising economic costs of the pandemic, funding costs are going down for these companies that may be on the cusp of expansions. Spreads or

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