Wednesday, June 5, 2013

Will linkers sustain good start?

...........One big caveat is that these bonds are linked to the Wholesale Price Index. For retail investors, whose expenses are linked to the Consumer Price Index, there is a real probability that these bonds won’t offer much succour. RBI has said that it is still working out the contours of the linker offering for retail investors. That should provide a clearer picture on the success or failure of this new asset category.

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