Indian government bonds ended largely unchanged on Wednesday, with the former benchmark paper leading the losses, after the central bank pushed ahead with another batch of illiquid papers for next week’s debt purchases.The benchmark 10-year yield ended at 6.6105% after closing at 6.6137% in the previous session. Bond yields move in the opposite direction to […]
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 […]
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 […]