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    HomeNewsOpinionBudget 2023: Fiscal math from the market’s lens

    Budget 2023: Fiscal math from the market’s lens

    We expect increased issuance of long-term bonds, which means that market participants will have to absorb significantly higher duration or interest rate risk in their bond portfolio  

    Pankaj Pathak
    January 24, 2023 / 09:14 IST
    Budget 2023: Fiscal math from the market’s lens

    A fiscal deficit higher than 5.9 percent of GDP for FY24 will be negative for the bond market.

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