Bond yields plummet ahead of monetary review
Published Wednesday, September 06, 2006 by Money Man Mike | E-mail this post
The Mumbai inter-bank forward offered rate (MIFOR) for six months closed at 6.56% as against 6.74% on Thursday, and the Mumbai rupee overnight offered rate (MITOR) based on the cash-spot dollar rupee premium was 5.72%, compared to Thursday?s closing levels of 5.91%.
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