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RBI: Traders see RBI testing market with biggest 10-year bond

RBI: Traders see RBI testing market with biggest 10-year bond
indiatimes.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from indiatimes.com Daily Mail and Mail on Sunday newspapers.

Harish Agarwal , Vijay Sharma , Ronojoy Mazumdar , Gilts Ltd , Firstrand Bank , Reserve Bank , Operation Twists , கடுமையான அகர்வால் , விஜய் ஷர்மா , இருப்பு வங்கி , செயல்பாடு திருப்பங்கள் ,

RBI owns more of its benchmark 10-year bond than yield-managing BOJ


The benchmark yield in India’s one-trillion-dollar sovereign bond market is holding remarkably steady despite a ballooning government borrowing program. A possible reason for the lull is that the central bank now holds more than half of the closely watched 10-year bond.
The Reserve Bank of India has lifted its holding of the 5.85% 2030 bond to 545 billion rupees ($7.5 billion) or at least 52% of the total outstanding via Operation Twists, two tranches of government securities acquisition program and indirectly via a special auction in February, Bloomberg calculations show. The number is likely even higher if the RBI’s discreet secondary-market purchases are incorporated. ....

Rajeev Pawar , Ujjivan Small Finance Bank , Reserve Bank , Operation Twists , Arvind Chari , Quantum Advisors , Ujjivan Small Finance , Benchmark Yields , Reserve Bank Of India , Government Borrowing Program , ராஜீவ் பவார் , உஜ்ஜீவன் சிறிய நிதி வங்கி , இருப்பு வங்கி , செயல்பாடு திருப்பங்கள் , அரவிந்த் சாரி , உஜ்ஜீவன் சிறிய நிதி ,

RBI Owns More of Its Benchmark Bond Than Yield-Managing BOJ

(Bloomberg) The benchmark yield in India’s one-trillion-dollar sovereign bond market is holding remarkably steady despite a ballooning government borrowing program. A possible reason for the lull is that the central bank now holds more than half of the closely watched 10-year bond.The Reserve Bank of India has lifted its holding of the 5.85% 2030 bond to 545 billion rupees ($7.5 billion) or at least 52% of the total outstanding via Operation Twists, two tranches of government securities acqui ....

Rajeev Pawar , Ujjivan Small Finance Bank , Reserve Bank , Operation Twists , Arvind Chari , Quantum Advisors , Ujjivan Small Finance , Reserve Bank Of India , Government Borrowing , ராஜீவ் பவார் , உஜ்ஜீவன் சிறிய நிதி வங்கி , இருப்பு வங்கி , செயல்பாடு திருப்பங்கள் , அரவிந்த் சாரி , உஜ்ஜீவன் சிறிய நிதி , இருப்பு வங்கி ஆஃப் இந்தியா ,