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The minimum initial investment amount in both the schemes during NFO period is Rs 5,000 and in multiples of Re 1 thereafter. Subsequent minimum investment amount is Rs 1,000 and in multiples of Re 1 thereafter.
Most banks had reported a rise in treasury gains in the July-September quarter, experts said
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Mumbai, Jan 2 (PTI) At the first weekly auction of the last quarter of 2023-24, the states saw their interest burden sharply rising to cross the 7.7 percentage mark on Tuesday, leading to the spread between the cut-off of 10-year state bonds and the G-sec yield crossing the 50 basis points mark for the first time in two years.
A bond forward refers to a derivative contract in which one counterparty agrees to purchase a specific debt instrument from another counterparty on a particular future date and at a price decided at the time the contract is struck.