Latest Updates Around The World
Mumbai: The Reserve Bank of India (RBI) on Monday injected ₹50,000 crore into the banking system through an open market purchase auction, with participants bidding more than double the notified amount. Participants offered ₹1.22 lakh crore for a notified amount of ₹50,000 crore in the open market operations (OMO), with the 6.64% GS 2035 paper […]
Indian government bonds rose in early trade on Wednesday after the central bank announced a major liquidity injection for the coming month, easing concerns about near-term debt supply. The benchmark 10-year yield stood at 6.5679% at 9:50 AM IST, after closing at 6.6328% on Tuesday. Bond yields move in the opposite direction to prices. The […]
