Dutta, Goutam; Basu, Sankarshan; Vaidyanathan, Krishnamurthy - In: Journal of Emerging Market Finance 4 (2005) 1, pp. 63-80
With increasing liquidity of the Indian sovereign debt market since 1997, it has become possible to estimate the term structure in India. However, the market is characterised by several frictions that cause individual securities to be priced differently from the ‘average’ pricing in...
