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India government bonds take a beating over Budget fears
Published Wed, Feb 24, 2016 · 09:50 PM
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Mumbai
INDIAN sovereign bonds have turned into Asia's worst performers in 2016, from the best in the previous two years, amid concern Prime Minister Narendra Modi's budget will show fiscal discipline is slipping away.
The government may seek to borrow an unprecedented 6.8 trillion rupees (S$139.7 billion) in the financial …
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