Fund With Most Yes Bank Local Bonds Marks Them Down to Zero
Customers stand in line outside a Yes Bank Ltd. branch in Mumbai on March 6, 2020. (Photographer: Dhiraj Singh/Bloomberg)

Fund With Most Yes Bank Local Bonds Marks Them Down to Zero

(Bloomberg) -- A mutual fund that held the highest proportion of rupee bonds issued by Yes Bank Ltd. wrote down the value of those holdings to zero after the central bank seized control of the emba...
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