lower yields

RBI’s forex, liquidity management may dent government revenue

by
RBI’s forex, liquidity management may dent government revenue

A stable rupee also squeezed the chances of accretion in the currency and gold revaluation account (CGRA), even as there is debate on whether RBI should dig into this account to pay the government. Synopsis The returns for the Reserve Bank of India (RBI) are likely to be squeezed with investments in low yielding US … Read more

Market takes Shaktikanta Das’ signal positively as yields cool off

by
Market takes Shaktikanta Das’ signal positively as yields cool off

Mumbai: The bond market reacted postively to the Reserve Bank of India (RBI) governor’s signal for lower yields lapping up the Rs 28,000 crore bonds on offer at the prevailing market rate even as the benchmark bond yield dropped by seven basis points to end at 5.94%. As expected the RBI kept interest rates unchanged … Read more