Fixed Income And Currency Market

12 Sept 2021

Sentiment improving for long end of the curve G-secs?

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The auction of the new 14-year bond maturing in 2035 saw 3x demand for the Rs 100 billion of bonds on offer and the yield cut-off came in bullish at 6.67%. Has the sentiment turned for long-end g-secs that were trading at higher levels for the past many months?

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Arjun Parthasarathy
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