Zoltan Pozsar is the Managing Director of Investment Strategy and Research at Credit Suisse. Prior to this, he was a senior adviser to the US treasury. So there is nobody better to explain what the money markets are, how they work, and the interplay with the broader economy. In this absolutely fascinating conversation, Zoltan talks… Continue reading Understanding the money markets with Zoltan Pozsar
Tag: Bonds
Blackstone to acquire 70% in Aadhar housing from Wadhawan Global – parent company of DHFL
Oh, here’s some bit of good news for DHFL…finally! Private equity giant Blackstone looks set to acquire Wadhawan Global’s 70% stake in Aadhar Housing. DHFL which owns 9.15% in the company will also offload its stake. ET is pegging the deal at Rs 2700 cr. Also, check this Tweet out by Andy Mukherjee: Will be… Continue reading Blackstone to acquire 70% in Aadhar housing from Wadhawan Global – parent company of DHFL
Zero Coupon DHFL bond is yielding 42% 😱
Ok…this is just crazy. The Series VII B – Zero Coupon NCD of DHFL is yielding about 42.4% now. Other DHFL bonds are yielding about 16%-20%