Bond Yields Slide After Special Open Market Operation Announcement

[ad_1] Benchmark 10-year bond yield dropped on Tuesday India’s benchmark 10-year bond yield dropped to its lowest level in over a week on Tuesday after the Reserve Bank of India (RBI) announced a special open market operation (OMO) to simultaneously buy and sell debt on July 2. The yield dropped to a low of 5.86 […]

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Bond Yields Spike Briefly On PM’s Announcement Of Economic Package

[ad_1] The bond markets spiked briefly in morning trade India’s benchmark bond yield spiked briefly on Wednesday morning following PM Modi’s announcement made on Tuesday about a Rs 20 lakh crore economic package amid the coronavirus pandemic. The bond yields however, retraced most of the losses due to the absence of details on the package, […]

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Bonds See Biggest Single-Day Rally In Nearly 6 Months On Special Open Market Operation

[ad_1] 10-year bond yield dropped as much as 21 basis points The Reserve Bank of India on Thursday announced another round of “Operation Twist” via the simultaneous sale and purchase of securities, a measure which helped bonds snap a two-day fall, and see its biggest single-day rally in nearly six months. The RBI said it […]

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Bond Markets Rally On New Foreign Investment Category, H1 Borrowing In Focus

[ad_1] RBI introduced a new category called the “fully accessible route” for foreign investors Bond marketsĀ rallied on Tuesday after the Reserve Bank of India (RBI) announced a new category for foreign investors, while hopes of a reduction in April’s borrowing or cancellation ahead of the first-half borrowing plan aided sentiment. The RBI said on Monday […]

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For 32 Minutes In Today’s Morning Trade, Everything Was Quiet In India’s Bond Market

[ad_1] For half an hour after trading started, nobody bought or sold a bond on Tuesday The first signs that India’s Rs 59,25,000 crore sovereign bond market is cracking under the strain of the coronavirus pandemic showed up on Tuesday. For half an hour after trading started, nobody bought or sold a bond on the […]

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