Bond Baba Likes Yet Another Buyback Arbitrage For Its High Acceptance Likelihood

Bond Baba has been bored. Nothing’s happening in the bond markets. Some Reliance Home Finance issue came and instantly listed at 1.5% below the issue price – so if you want to buy the same bonds today you would get a lower price and thus, a much higher yield. See the 15 year Reliance Home Finance […]
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