Page 34 - Bond Yield News Today : Breaking News, Live Updates & Top Stories | Vimarsana

<p><span>Good morning, and thank you, Raphael. I am delighted to participate in the 25th Financial Markets Conference, sponsored by the Federal Reserve Bank of Atlanta, which this year focuses on the role of central banks in fostering a resilient economy and financial system.</span></p>

The Reserve Bank of India (RBI) decided not to sell 10-year bonds on Friday’s auction, possibly because it was not happy with the bid. The rejection of the bids brought down yields by 2 basis points and the 10-year bond closed at below 6 per cent again, at 5.99 per cent. The RBI had scheduled to auction Rs 14,000 crore of bonds on Friday’s auction. The underwriters were paid for the auction, but the RBI decided not to sell to them either. The auction was part of a Rs 26,000 crore primary auction. On Friday's auction, the central bank also introduced a new 3-year bond at 4.26 per cent.

Deepak Nitrite, Oracle Financial, Blue Dart Express, JM Financial, Ceat, Craftsman Automation, Angel Broking and Shalby are among companies that will announce their March quarter results today. FPIs sell Rs 1,772 crore worth stocks Net-net, foreign portfolio investors (FPIs) were sellers of domestic stocks to the tune of Rs 1,772.37 crore, data available with NSE suggested. DIIs were net buyers to the tune of Rs 987.34 crore, data suggests. MONEY MARKETS Rupee: Rising for the second day in a row, the rupee closed 10 paise higher at 73.85 against the US currency on Tuesday on dollar selling b...

Read more about Bond bulls bring down 10-year yield below 6% for first time since Feb 12 on Business Standard. This was after the RBI assured the market of ample liquidity and another round of secondary market purchase of Rs 35,000 crore

The Reserve Bank of India (RBI) on Friday refused to sell the benchmark 10-year bonds in its auction, and also decided not to devolve the securities on the primary dealers, rapidly cooling off yields in the market. The 10-year bond yields had risen on Thursday after the RBI’s G-Sec purchase of Rs 25,000 crore. In that auction, the RBI had also bought Rs 7,500 crore of 10-year bonds. However, after the G-SAP, the 10-year bond yields had shot up from 6.01 per cent to 6.13 per cent. It was suspected that primary dealers — underwriters of government securities — had shorted the 10-year bond...