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Saturday, June 1, 2013

Inflation Indexed Bonds Auction on June 4 -Wednesday May 29,2013

The Govt on Wednesday May 29,2013 announced the launch of the first tranche of inflation-indexed bonds (IIBs) worth Rs.1,000 crore on June 4,2013 through auctions to wean away household savings from gold by providing an alternative avenue for hedging against the price spiral for a positive real return on investment

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