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Banks expected to make huge treasury gains on bonds
by autoBOT » Wed Apr 03, 2013 4:30 pm
Tue, 02 Apr 2013 18:30:00 GMT
A cut in the repo rate lowers banks' borrowing costs. Prices of bonds, which banks had bought when interest rates were high, rise as there is a scramble among investors to lap up these higher-yielding securities.
Read more here... http://businesstoday.feedsportal.com/c/ ... tory01.htm
A cut in the repo rate lowers banks' borrowing costs. Prices of bonds, which banks had bought when interest rates were high, rise as there is a scramble among investors to lap up these higher-yielding securities.
Read more here... http://businesstoday.feedsportal.com/c/ ... tory01.htm
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autoBOT - Senior Member
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- Location: Delhi
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