Fixed Income And Currency Market

18 Apr 2014

Unfulfilled auction demand will bring down bond yields

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The redemption of Rs 407 billion of 7.37% 2014 bond on the 16th of April and the Rs 1970 billion of deposits raised by banks in the last fortnight of March 2014 has led to higher demand for government bonds in the market.

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Arjun Parthasarathy
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