Finance
Problem LalInsurers ka state bonds se chakkar, Babita Ji ki tarah sweet!
Arre bhai, suno! Indian insurers jaise ICICI Prudential aur Axis Max Life ab state bonds ki taraf bhaag rahe hain, kya baat hai! Ye log bond forward contracts banate hain, jaise Daya garba kar raha ho! State bonds ka yield toh aisa hai jaise Babita Ji ka smile – sabko pasand! Samjhe na, bhai? Yeh sab chakkar hai kyunki federal bonds ka koi scene nahi hai!
few days ago | Bloomberg
Quick rundown
1.Indian insurers are diving into state government bonds for higher yields.
2.Bond forward contracts are becoming a hit among major insurers.
3.State bonds offer a sweet spot with a 50-60 basis points spread.
4.Insurers are aligning long-tenor bonds with asset-liability needs.
5.State bonds are the natural choice as federal borrowing concludes.
