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View Full Version : Indian Bond Yields Reach Six-Week Low on Central Bank Rate Cut - Bloomberg



NewsWhore
04-21-2009, 04:58 AM
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Indian Bond Yields Reach Six-Week Low on Central Bank Rate Cut (http://news.google.com/news/url?sa=T&ct=us/1-0&fd=R&url=http://www.bloomberg.com/apps/news%3Fpid%3D20601091%26sid%3DaoDfPo4pzalA%26refer%3Dindia&cid=1338179170&ei=goztSYTDO4KmM_H-gf4C&usg=AFQjCNFPRhLsJayS3gMMHyTBG4TxxbZo5A)
Bloomberg
... at present,” said Bapi Munshi, treasurer at Axis Bank Ltd. in Mumbai. “Yields are going to decline further.” Indian bonds lost 4.2 percent this year, the worst performing market among 10 Asian local-currency debt indexes compiled by HSBC Holdings Plc.


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