date:Mar 04, 2014
by state-run insurer Life Insurance Corp of India because of the targeted issuance size, traders added, although demand is expected to be healthy for the debt sold to investors.
FCI's sale comes amid a dearth of quasi-sovereign corporate issuers recently and expectations the central bank will hold off on further interest rate hikes after tightening monetary policy by 75 basis points since September.
There is a decent amount of demand if it comes at a fair rate, said Ashish Jalan, a fixed-inco