NaBFID Pulls Bond Sale: Bids Skyrocket, Market in Chaos!

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NaBFID Pulls Bond Sale: Bids Skyrocket, Market in Chaos!

NaBFID just yanked its three-year bond sale! Why? Because bids soared higher than a soufflé in a heatwave, hitting 7.15 percent. With G-sec yields going haywire and geopolitical tensions simmering, it’s a recipe for disaster! NABARD managed a 7.01 percent earlier, but now it’s like trying to serve raw chicken. What a mess!

| Anjali Kumari