Business Standard

Corporates Likely To Buy Back Bonds

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George Smith Alexander BUSINESS STANDARD

Some corporations and financial institutions are looking at buying back paper they floated a few months ago. The prices of these bonds have crashed and yields have risen over the past few weeks. The trigger for this is the fear that war will break out over Iraq and an increasing feeling that interest rates will harden.

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First Published: Feb 08 2003 | 12:00 AM IST

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