
LIC bond exercise: LIC steps up bond hedging with $1 billion ahead price settlement offers; companions JPMorgan and BofA in market push
Life Insurance coverage Company of India has ramped up its exercise within the bond derivatives market, coming into into $1 billion price of ahead price agreements (FRAs) with international lenders together with JPMorgan Chase & Co. and Financial institution of America Corp., Bloomberg reported, citing folks acquainted with the matter.The offers, executed over the previous…