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Mumbai, Apr 3 (PTI) The Reserve Bank of India's Benchmark Issuance Strategy (BIS) for select states is expected to improve transparency and liquidity in the State Development Loan (SDL) market, say experts. According to market experts, the impact on borrowing costs and yield spreads is likely to be gradual amid the continued heavy supply of state bonds. The central bank has decided to roll out the strategy on a pilot basis from FY27, under which states will issue securities in specific benchma ...Read More >
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