Financial markets are rallying this morning after the US Federal Reserve announced new measures, implying unlimited quantitative easing to support the flow of credit to households and businesses. Treasuries had a choppy session ending the day mostly unchanged. This...
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...
