In the minutes to their January 29-30th meeting, Federal Reserve officials showed uncertainty towards the direction of interest rates in 2019 while widely favouring the end of the reduction in the central bank’s balance sheet. Launched as an emergency measure...
State-backed oil producer Indian Oil set a benchmark with their jumbo dollar bond sale, raising working capital of US$900 million. This is the largest dollar bond by a non-bank corporate out of India since June 2015, when Bharti Airtel raised US$1 billion from a...
