Synopsis
Bonds yielding greater than 6.5% at the moment are wanted as yields from short-term notes have collapsed to 3-3.5%.
MUMBAI: Wealthy people are shopping for long-term authorities bonds with 15-to-30-year maturities as they provide returns almost double of the obtainable short-term securities, together with Treasury Bills and different cash market devices.Bonds yielding greater than 6.5% at the moment are wanted as yields from short-term notes have collapsed to 3-3.5%.“Wealthy buyers at the moment are looking for increased yields together with security of funding,” said Vikram Dalal,
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