Piecing together disparate data for economic and market insights
Written by Neelkanth Mishra | Updated: April 6, 2021 8:56:44 am This appeared in the Indian Express on April 6, 2021 (link) Does it even matter what interest rate the government pays on the debt it takes? Interest on government debt is a transfer from taxpayers to savers (who own government bonds), and as the … Read more
The bond market has been stress-tested, and is seeing structural strengtheningNeelkanth Mishra | Last Updated at July 3, 2019 02:30 IST (This was published in the Business Standard: link) How worried should one be about the bond market? In a financial market that is constrained for capacity, the bond market was expected to step into … Read more
As concerns move from liquidity to solvency of select NBFCs, uncertainty is the bigger challengeNeelkanth Mishra | Last Updated at November 7, 2018 22:57 IST (This was published in the Business Standard: link) The credit outstanding with Non-Banking Finance Companies (NBFCs: in this article this includes the Housing Finance Companies or HFCs as well) was … Read more
RBI raising limits for foreign investors holding government bonds is more significant than the rate cut.Written by Neelkanth Mishra | Updated: October 2, 2015 12:25:15 am (This was published in the Indian Express: link) So finally it’s done: the RBI cut rates. With inflation steadily printing lower, taking real interest rates to near record highs, … Read more