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Fixed Income And Currency Market

28 Apr 2013

Repo Rate Cut will Steepen the Yield Curve

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The bond market is factoring in a 25bps repo rate cut in the 3rd May 2013 RBI annual policy statement. A 25bps repo rate cut will bring down the overnight lending rate from 7.50% to 7.25%.

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Arjun Parthasarathy
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