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Bond prices crash: Govt may hike borrowing for this fisc

Bond prices fell in after noon trades on news that the government will announce a fresh borrowing program on Monday. The 10 year yield rose from 8.45% to 8.53%.

December 30, 2011 / 09:13 IST
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Bond prices fell in afternoon trades on news that the government will announce a fresh borrowing program on Monday. The 10 year yield rose from 8.45% to 8.53%.

The fact that there is going to be an extra government borrowing programme was known. On Tuesday, CNBC-TV18 first broke the story from RBI sources, that the government borrowing programme is going to be tweaked in four-five days. CNBC-TV18
first published: Dec 29, 2011 06:05 pm

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