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Credit Market

11 May 2021

PSU Bond Spreads have risen on RBI G-SAP

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During FY22, PSU bond spreads have experienced an uptrend. Owing to RBI’s government bond-buying through G-SAP program and Operation Twist, g-sec yields have fallen by around 20bps to 30bps while corporate bond yields have not fallen as much.

author dp
Subhasis Mishra
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