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BUSINESS STANDARD

Money market

Sentiment: Nervous

  • Yields on gilts and corporate bonds rose by around 15 and 30 basis points, respectively.
  • Yields jumped as the US-Iraq conflict appears to be getting prolonged, inflation rate rose to 5.13 per cent, and call money ruled tight.
  • In price terms, gilts closed about Rs 1.50 lower than Saturday
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    First Published: Mar 25 2003 | 12:00 AM IST

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