Investors’ risk aversion in the local corporate bond market is clearly being noticed now with higher rated companies being able to double the amount that they raised from primary issuances in the first quarter of this year versus the same period last year. On the other hand, money raised by lower rated companies has halved in these two periods, data accessed from Prime Database show.
AAA companies, the highest rated ones, have raised a total of Rs 92,191 crore through 147 issues in the ..
