India Inc’s overseas bond sales likely to revive in 2021

Mumbai: Overseas corporate bond sales, which nearly halved through 2020 despite global yields slumping to the floor, could revive next year as Indian companies regain sufficient confidence in the broader reconstruction to seek debt capital at global financial hubs that are facing a liquidity glut. “Massive onshore liquidity enabled issuers to tap the longer end of the curve at tighter prices,” said Shashank Joshi, head of global corporate