 "corporate bond, real state sector, health sector, government bond yield")
Corporate bonds in India are at lower risk than in other emerging economies, but two sectors, real estate and health care, are at greater risk than average, a recent discussion paper from McKinsey Global Institute has flagged.
About 18 per cent of outstanding corporate bonds in India were at default risk in 2016, it said.
In comparison, the situation in India is better than in other emerging economies: The share of risky corporate bonds in both China and Brazil is 24 per cent. In advanced economies like the US and Canada, less than 7 per cent bonds are at risk.
