Fixed Income And Currency Market

18 Jan 2014

OMO and Fiscal Deficit Numbers to push down bond yields

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The positive sentiment in bond markets that has taken down bond yields by 30bps since the beginning of calendar year 2014 is set to continue on the back of RBI OMO bond purchase auctions and the government looking to lower full year budgeted borrowing by Rs 150 billion.

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Arjun Parthasarathy
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