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Fixed Income And Currency Market

Jul 5th 2020

RBI Keeps a Lid on Yields, for Now

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RBI, sensing fatigue in the market for government bonds, conducted an operation twist for total purchase and sale of bonds of Rs 200 billion. 10-year benchmark bond yield fell by 5bps after rising by almost 15bps from lows on the back of the RBI operation twist.

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Arjun Parthasarathy
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