Nk singh

For the financial year 2017-18, the govt could reduce its market borrowings by an order of magnitude of more than Rs1 trillion because it issued 10-year bonds to the small savings fund at a coupon of 9.5% per annum when the govt bond yield was around 7%. Photo: Mint

Select thoughts on the FRBM report

8 min read . 15 May 2017
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