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 […]
The Indian central bank has bought 500 billion rupees ($5.5 billion) worth of bonds as planned, as it wants to boost liquidity in the banking system.Closing prices at the auction, which consisted of bonds with maturities ranging from 2029 to 2050, were largely higher than estimates in a Bloomberg News poll. Interest rates fell after […]
Indian government bonds rose on Friday after a policy rate cut and liquidity injection measures, even as the 10-year benchmark ended flat on profit-taking and supply.The Reserve Bank of India cut its key repo rate by 25 basis points, leaving the door open for further easing. She took steps to increase liquidity in the banking […]
Mumbai: Net foreign investment in Indian debt through fully accessible route (FAR) eligible bonds remained modest at around ₹5,760 crore in November. The month saw both inflows and outflows – the former driven by expectations of a rate cut this week, and the latter driven by the rupee’s recent depreciation to record lows. Economists said […]
