Wednesday, September 25, 2013

Reuters: Money News: Funds heavy sellers in govt debt as redemption pressures rise

Reuters: Money News
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Funds heavy sellers in govt debt as redemption pressures rise
Sep 25th 2013, 07:18

Reuters Market Eye - Indian mutual funds have been heavy sellers of government debt, having sold 47.23 billion rupees worth of debt in the last five days, as yields hardened after the central bank unexpectedly raised rates on Friday, adding to redemption pressure.


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