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Since April, the yield on government securities fell around 10-15 basis points due to multiple factors , like the easing inflation print, Brent crude oil prices, and the higher dividend transfer announced by the Reserve Bank of India.
On Thursday, the RBI deferred implementation of its new rules on exchange-traded rupee derivatives to May, highlighting that its policy on this issue has remained unchanged over the years.
Mumbai: The Reserve Bank of India on Friday kept the key interest rates unchanged at 6.50 percent, in line with the market expectations.
RBI Says framework for exchange traded currency derivatives (ETCD) consistent; no change in policy approach
Total primary market subscriptions stood at Rs 4,040.03 crore as on March 4. Of the total, treasury bill subscritpions remained higher, at Rs 2687.02 crore.