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View Full Version : India 10-Year Bond Gains Most in 6 Months After RBI Holds Rates - Bloomberg



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12-16-2011, 07:30 AM
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India 10-Year Bond Gains Most in 6 Months After RBI Holds Rates (http://news.google.com/news/url?sa=t&fd=R&usg=AFQjCNFOENQh1Qr9kuhys5ab2mSJcqul4g&url=http://www.bloomberg.com/news/2011-12-16/india-10-year-bond-gains-most-in-6-months-after-rbi-holds-rates.html)
Bloomberg
India imports about 80 percent of its oil and a weaker currency pushes up its costs. The cost of one-year interest-rate swaps, or derivative contracts used to guard against fluctuations in funding costs, fell three basis points to 7.78 percent, ...

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