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Fixed Income And Currency Market

14 Nov 2020

Government Diwali Stimulus plus Inflation to take 10-year G-sec yields higher -Weekly Fixed Income Analysis

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The government a fiscal stimulus package of USD 20 billion as a Diwali gift to the economy in addition to an incentive scheme worth around USD 800 million to revive the covid hit economic growth. The fiscal package comes in the wake of severe stress on government finances as seen by the shortfall in revenues.

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Arjun Parthasarathy
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