FPIs mandated to route 10% market trade in corporate bonds through RFQ

In the last financial year, FPIs executed just 4.5 per cent of their total trades in corporate bonds via the RFQ platform, representing a mere 0.78 per cent of the total trades in the segment on the platform. Starting from October, all foreign portfolio investors (FPIs) will be required to conduct at least 10… Continue reading FPIs mandated to route 10% market trade in corporate bonds through RFQ

Wheat climbs as Ukraine attack poses risk for key Russian export route

Russia last month exited a deal that ensured a safe corridor for Ukrainian exports from three Black Sea ports By Keira Wright and Megan Durisin (Bloomberg) –Wheat extended gains after Ukraine used sea drones to cripple a Russian naval vessel and an oil tanker over the weekend, posing a risk for a… Continue reading Wheat climbs as Ukraine attack poses risk for key Russian export route