INSUBCONTINENT EXCLUSIVE:
currency have spurred Mitsubishi UFJ Kokusai Asset Management to buy more rupee securities, said Tatsuya Higuchi, executive chief fund
manager of the fixed-income investment division in Tokyo
which oversaw the equivalent of $129 billion at the end of last year
That will be lifted by half a per =centage point in each of the next two fiscal years ending March, the Reserve Bank of India announced on
Friday.
The yield on the benchmark 10-year bonds rose 12 basis points to 7.34 per cent as of 10:39 a.m
in Mumbai after peaking at 7.82 per cent in late February
Monday, according to data from the Clearing Corp
