NaBFID hits pause on bond sale as bids go wild

NaBFID decided to hit the brakes on its three-year bond sale after bids came in hotter than expected! With a base of Rs 1,000 crore, bids were around a spicy 7.15 percent. Investors are feeling cautious thanks to geopolitical jitters. Earlier, NABARD snagged Rs 6,779 crore at a cooler 7.01 percent. Looks like the bond market is taking a breather!