
Are oil bonds to blame for the high fuel prices?
Finshots Daily
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Oil Bonds Are Just Like Regular Bonds
Bonds may seem like complicated instruments, but deep down they're just i oe you notes. Oil bonds are just like regular bonds, only here the intended use case is a bit different. Members of the india government have repeatedly asserted that these bonds seem to be overbearing in nature. The finance minister recently suggested that the oil bonds were holding her back from cutting taxes on petrol and deasel.
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