BasisPointInsight.com - The Paradox of Victory: The Winner’s Curse in India’s Bond Auctions by Babuji K How India’s government bond auctions reveal the winner’s curse, where success can conceal costly misjudgements and shape financial market behaviour. by Babuji K, BasisPointInsight.com

1/3 Winning isn't always winning—especially in India’s bond auctions.

As demand deepens and auction cutoffs grow sharper, traders face a strange paradox: the more aggressive their bids, the higher the risk of overpaying.

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