Mumbai: The Reserve Bank of India’s (RBI) decision to revert to the multiple price method for auctions of sovereign bonds after three years signals confidence on the part of the Centre and its debt manager about New Delhi’s fiscal management, with the first such debt sale validating that trust. The multiple price auction method was … Read more
CNN — English cricketer Sam Curran has become the most expensive auction buy in the history of the Indian Premier League (IPL) – after being sold to the Punjab Kings for 18.5 crore rupees ($2.22 million). Friday’s auction, which took place in the Indian city of Kochi, saw multiple records broken – with English and … Read more
The relentless bear market in US Treasury debt is on the cusp of a new phase, with yields across much of the maturity spectrum on course to crack above their 2018 highs and several major potential catalysts to help such a move. Centre stage will be April consumer price inflation on Wednesday, forecast to ebb … Read more