# Moody’s/NYU Stern Salomon Center/ICRA Conference on Fixed Income Research in India **Moody’s/NYU Stern Salomon Center/ICRA Conference on Fixed Income Research in India** December 23, 2015 Sofitel Hotel, Mumbai C-57, Bandra Kurla Complex Bandra (E) Mumbai 40 00 51, INDIA TEL +9 1 22 2611 75000 Agenda 8:30–9:30 Registration & Breakfast 9:30–9:45 Opening Remarks Praveen Varma, Moody’s Investors Service 9:45–10:45 Flow-driven Variation in Government Bonds Prachi Deuskar, Indian School of Business 10:45–11:45 Auctioning the Underwriting Spread: Implications for Information Production and Insurance Sudip Gupta, Indiana University 11:45–12:00 Coffee Break 12:00–1:00 External Commercial Borrowing in India and FX-Taper Risk Viral Acharya, NYU Stern School of Business 1:00–2:15 Lunch and Panel Discussion Municipal Bond Issuance: Implications for Indian Fixed-Income Markets Moderator: Richard Cantor, Moody's Investors Service Panelists: Susan Thomas, IGIDR Jayanta Roy, ICRA Michael Taylor, Moody’s Investors Service Viral Acharya, NYU Stern School of Business 2:15–3:15 Accounting Based Regulation and Earnings Management Kandarp Srinivasan, Washington University in St. Louis 3:15–3:30 Coffee Break 3:30–4:15 Borrower Distress and Debt Relief: Evidence from a Natural Experiment Krishnamurthy Subramanian, Indian School of Business 4:15–5:00 Indebtedness of Indian Corporates Anjan Deb Ghosh, ICRA Limited 5:00–6:30 Cocktail Reception Registration is required. There is no attendance fee. To RSVP please contact: Viral Acharya, New York University, e-mail: Avina Viegas, ICRA Limited, e-mail: Praveen Varma, Moody’s Investors Service, e-mail: Ana Viegas, Moody’s Investors Service, e-mail: