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Fixed Income And Currency Market
31 May 2014
RBI 3rd June Policy Review and Bullish Bond Markets, What Gives?
Bond markets are distinctly going bullish into the 3rd June 2014 RBI policy review. The auction of the new 14 year bond on the 30th of May saw cut off coming in at 8.60%, below levels of 8.74% traded in the when issued market.
Arjun Parthasarathy
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