"Since corporate bond yields had not risen sharply in the rate hike cycle, going ahead, they may not go down drastically," said Shameek Ray, head of debt capital markets at ICICI Securities Primary Dealership.
The CEO of Trust Mutual Fund says interest rates will not rise dramatically or fall in the near term. However, a rate cut is likely somewhere at the start of FY25
The first tranche of Sovereign Gold Bonds, which are government securities denominated in grams of gold, are all set to see its first redemption on November 30. Investors holding SGB 2015-I till maturity will stand to gain a CAGR of 10.88%.
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