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Evidence of waning appetite for Indian bonds

May 13's treasury bills auction failed; forced purchases made to save an offering 2 days later
Thursday, May 21, 2015 - 05:50

Mumbai

IF this month's US$1.4 billion withdrawal by global funds isn't enough to signal faltering demand for Indian bonds, here's more evidence.

An auction of treasury bills failed for the first time since February on May 13, while underwriters had to rescue an offering of

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