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Malawi investors unmoved by dropping yield rates on money market

Despite  a drop in yield rates for treasury bills (TB) from 40 percent to around 33 percent investors are still flocking to the money market as witnessed on TB auction of May 07, 2013 which was oversubscribed by 6 times. The auction resulted in government raising K0.6 billion against a market supply of K3.8 billion translating [...]

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