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Proposal to let FPIs loose, rate cut hopes fuel bond market rally

Proposal to let FPIs loose, rate cut hopes fuel bond market rally

Anticipation of aggressive rate cuts and relaxed FPI regulations spurred a bond market rally, driving the 10-year G-Sec yield below 6.30%. Sebi's proposed easier KYC norms for IGB-FPIs and RBI's relaxed rules for FPI corporate bond investments boosted market …

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