Debt market mutual funds are scampering to load their portfolios with T-bills and shorter maturity instruments of banks as they prepare for possible higher redemptions in the coming weeks following Friday’s big scare.
Trading in corporate bonds issued by non-banking financeNSE -6.56 % is likely to lose sheen for now with IL&FS fiasco spooking investor confidence. Commercial paper rates have increased in the last week or so though top-rated companies are still managing to secure bet ..