Bond Baba Likes Yet Another Buyback Arbitrage For Its High Acceptance Likelihood

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Bond Baba has been bored. Nothing’s happening in the bond markets. Some Reliance Home Finance issue came and instantly listed at 1.5% below the issue price – so if you want to buy the same bonds today you would get a lower price and thus, a much higher yield. See the 15 year Reliance Home Finance […]
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