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GILT SUMMARY

Curve Flattening Into Weekend

OPTIONS

Expiries for Mar08 NY cut 1000ET (Source DTCC)

CORN TECHS

(K1) Still Below The Feb Highs

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Chinese cities with hot real estate markets may follow Shanghai and Shenzhen in moderating house prices through higher transaction costs and boosting the supply of homes, the Chinese Securities Journal reported. Many existing policies on property purchases had been devised five years ago, and they should be reinforced and updated to address new forces driving the markets such as talent-attracting programs, the Journal said.