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Resurgent India Bonds - Forward Contracts - Clarification

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....Department Central Office Mumbai - 400 001 A.P. (DIR Series) Circular No.6 July 23, 2003 To All Authorised Dealers in Foreign Exchange Madam / Sirs, Resurgent India Bonds - Forward Contracts - ....

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....nditions of the Resurgent India Bonds issue as prescribed in offer document, had not envisaged the availability of forward cover for the maturing bonds, banks are advised that no forward cover should ....

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