Top Bond Buyers Vanish Before Modi’s Near-Record Debt Sales

Gold Silver Reports (GSR) – Indian government’s near-record bond sales begin in two weeks. The lingering question is who’s going to buy the securities. While the seven-month selloff in sovereign notes has spurred state-run lenders — the biggest holders — to stay away, global funds too have soured on rupee debt. With scant signs of buying support from any direction, traders are worried about the fate of the 6.06- trillion rupee ($93 billion) borrowing for the year starting April 1.                           

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IPO Market Report

IPO Market Report – ICICI Securities’ Rs 4,017-crore initial public offer was subscribed 68 percent as of 1:00 p.m. on final day of subscription. ✅ Portion reserved for …

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European Shares Rise

Gold Silver Reports (GSR) – European Shares Rise — A rebound in U.S. equity futures Monday offered some hope of  – stabilization after last week’s rout, with shares in Europe and Asia also rising as investor fears of an escalation of trade tensions began to ease.

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