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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Foreigners Sell Indian Bonds In May, Purchase In Other Asian Markets

[ad_1] Last month, foreigners sold a net $3.04 billion worth of Indian bonds Indian bonds faced sharp foreign outflows in May on worries about rising domestic coronavirus infections, while other Asian fixed income markets attracted inflows on hopes for a swift economic recovery as countries eased lockdowns. Last month, foreigners sold a net $3.04 billion […]

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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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