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Relief Bond Curbs To Free Rs 5,000 Cr

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BUSINESS STANDARD
Last Updated : Jan 28 2013 | 12:40 AM IST

A sum of Rs 5,000 crore is set to find its way into the market following the finance ministry's decision to bar investors from rolling over funds above Rs 2 lakh parked in Government of India Relief Bonds beyond their maturity. The relief bonds have a 5-year tenure and offer pre-tax returns of 8 per cent a year.

The Centre

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First Published: Mar 20 2002 | 12:00 AM IST

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