sovereign

SynopsisThe five-year contract of ICICI Bank’s CDS, which acts as a shield against likely default on outstanding debt securities by an issuer, yielded 121.53 versus 105.74 on February 21.TOI.inMUMBAI: India has bolstered its finances since featuring in the dubious ‘Fragile Five’ list during Taper Tantrum I. Through the Ukraine war, a litmus test for the…Continue Reading