ICICI Prudential Mutual Fund expects liquidity in the banking system to remain sufficient which will further keep the spread between money market instruments and the overnight rate range-bound in the near- to medium-term, believes Senior Fixed Income Manager Chandni Gupta.
In a freewheeling chat to Moneycontrol, Gupta said the Indian debt market has witnessed renewed interest from FIIs owing to attractive real interest rates offered on investments coupled with a stable currency.