Higher corporate bond yields are pushing issuers to postpone debt sales to the next quarter

Higher yields in the corporate bond market and the cancellation of four planned issuances within three weeks have led some issuers to postpone large-dollar fundraising until next quarter, investment bankers and investors say. Companies including Micro Units Development and Refinance Agency (MUDRA), Indian Bank and ONGC Petro have postponed debt sales worth 150 billion rupees […]