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Fixed Income And Currency Market
1 Aug 2021
Unwanted!! Benchmark 5- & 10-year G-secs - Weekly Fixed Income Analysis
Administered pricing of G-secs like small savings rates or even fuel and agri commodities leads to lack of market confidence. RBI needs to let the market determine the yields on benchmark bonds while it goes about setting its policy stance and buying bonds.
Arjun Parthasarathy
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