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3/24/13

SNAPSHOT-India stocks, bonds, rupee, swaps, call at 0430 GMT


STOCKS  
    -----------------------
    The BSE index is 0.82 percent higher and the broader NSE
index is 0.85 percent up, tracking optimism on eased foreign
debt rules and Cyprus deal. 
    
    GOVERNMENT BONDS 
    -------------------------------
    India's benchmark 10-year bond yield down 1 basis point (bp)
at 7.95 percent, taking comfort from the government's decision
to relax the rules for foreign investment in debt. 
    
    RUPEE    
    --------------
    The partially convertible rupee is at 54.11/12 per dollar
versus its previous close of 54.33/34, in line with the positive
global risk sentiment and on the government's move on investment
in debt by foreigners, traders say. 
           
    INTEREST RATE SWAPS  
    -------------------------------------
    The benchmark 5-year OIS rate unchanged at 7.25 percent and
the one-year rate also unchanged at 7.53 percent. 
        
    CALL MONEY 
    --------------------           
    India's one-day cash rate at 7.70/7.75 percent compared with
7.40/7.50 at close on Friday. 
    
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  Reuters MIOR/MIBOR                                    
  NSE MIBID/MIBOR                                     
  Reuters Corporate Bond Yield/Spread             
  For Reuters Benchmarks                        

 (Compiled by Abhishek Vishnoi)


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