Fixed Income And Currency Market

15 Apr 2018

New 7.37% 2023 G-sec Looks Good on the Curve

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The government issued a new 5 year bond for Rs 30 billion on Friday the 13th of April. The cut off for the bond came in at 7.37% and bids were 4x the auction size, indicating good demand for the bond.

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Arjun Parthasarathy
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