From THE HINDU group of publications
Sunday, July 01, 2001
|
From THE HINDU group of publications Sunday, July 01, 2001 |
||
|
|
        • SITE MAP • ARCHIVES • INDEX • HOME |
Bonds & FDs
| Previous
| Next
DSP Merrill Lynch debt programme
A `P1+' rating has been assigned to the Rs 50-crore short-term debt programme of DSP Merrill Lynch (DSPML).
The rating indicates that the degree of safety on timely payment on the instrument is strong.
The rating of DSPML reflects the diversity in its business profile, its strong market position, favorable financial risk profile, comfortable liquidity position and good risk management systems. The company also derives benefits from its association with Merrill Lynch & Co. There are, however, inherent risks of volatility in the primary dealership, broking and investment banking businesses.
|
|
Section : Bonds & FDs Previous : Kirloskar Brothers CP Next : Inflation falls marginally; WPI at 160.8 Stocks | Bonds & FDs | Mutual Funds | Industry | Markets | Personal Finance | Opinion | Indicators | Copyrights © 2001 The Hindu Business Line Republication or redissemination of the contents of this screen are expressly prohibited without the written consent of The Hindu Business Line |