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The Indian bank bonds everyone wants

Traders bet the nation's biggest lender will buy them back within the next 10 weeks
Friday, April 21, 2017 - 05:50


FOR all the hurdles faced by Indian lenders, there are bank bonds out there that investors can't get enough of.

State Bank of India's perpetual notes - so called because they lack a fixed maturity date - are being hoarded and hunted by traders betting the nation's biggest

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