Public Provident Fund Rate Cut: Positive for Bonds and Bond Funds..! - MYREALITY.In, Real Estate, Share Market, Mutual Fund, Insurance
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Saturday, March 19, 2016

Public Provident Fund Rate Cut: Positive for Bonds and Bond Funds..!

 Public Provident Fund  Rate Cut: Positive for Bonds and Bond Funds..!


The central government has cut rates on Public Provident Fund (PPF) from 8.7% to 8.1% & Kisan Vikas Patra from 8.7%to 7.8%.

The sharp cut in PPF rates will pull down government bond yields sharply as it is a signal for banks to drop deposit and lending rates as well as a signal on the government’s confidence on keeping down inflation expectations.
Public Provident Fund Rate Cut: Positive for Bonds and Bond Funds..! Reviewed by S. Chitra on March 19, 2016 Rating: 5  Public Provident Fund  Rate Cut: Positive for Bonds and Bond Funds..! The central government has cut rates on Public Provident Fund...

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