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LIC’s bond FRA entry to boost demand for long-dated g-secs
The country's largest insurer - which has a total asset under management (AUM) of ₹53.5 lakh crore including 40% in government bond books - is geared up to soon enter either the market for bond forward rate agreements (FRA) or actual bond forwards and has been making market enquiries about the matter, multiple bank treasury executives told ET.
