Higher corporate bond yields push issuers to delay debt sales to next quarter

Several major Indian companies, including MUDRA, Indian Bank, and ONGC Petroadditions, have postponed significant fundraising plans worth ₹150 billion to the next quarter. This decision stems from rising corporate bond yields, driven by tight liquidity and investor caution. Four planned bond issuances totaling ₹225 billion were also scrapped recently as issuers and investors failed to agree on yield demands.