October 12, 2026
Business

PFC, Nabard scrap Rs 10,000-crore bond issues as auction yields exceed expectations(Soban News)

State-owned Power Finance Co (PFC) and Nabard cancelled bond issuances totalling ₹10,000 crore due to higher-than-expected yields. Issuers are now awaiting the December 5 monetary policy meeting, anticipating a potential rate cut that could lead to lower pricing for their bonds.

​State-owned Power Finance Co (PFC) and Nabard cancelled bond issuances totalling ₹10,000 crore due to higher-than-expected yields. Issuers are now awaiting the December 5 monetary policy meeting, anticipating a potential rate cut that could lead to lower pricing for their bonds. by Soban News (international And National News)

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