Fixed Income And Currency Market

3 Aug 2020

RBI to Hold Rates, New 10 year G-sec to Stay Ranged

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RBI policy this week will see no changes in monetary policy given that markets have largely been stable since its June policy. The government issued a new 10 year bond, which saw the auction cut off at 5.77% not very far down from the old 10 year bond yield, the 5.79% 2030 bond that was trading at levels of 5.80%.

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Arjun Parthasarathy
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