RBI measures help bring 10-yr govt bond yield down by 17 bps, lowest in 3 months
4 years, 3 months ago

RBI measures help bring 10-yr govt bond yield down by 17 bps, lowest in 3 months

Live Mint  

The yield on government 10-year bonds fell over 17 basis points on Tuesday, the most in three months, after the Reserve Bank of India announced measures to allay the market fears over rising yields and higher borrowing programmes. It also announced additional open market operations worth ₹20,000 crore and term repo operations worth ₹1 trillion to infuse liquidity into the market. one shouldn’t expect a very large sustainable rally in bonds basis just the current set of triggers, although one should reasonably expect most of the recent aggressive sell-off to get unwound", IDFC AMC report added. Finally, we expect fiscal-monetary policy co-ordination going ahead, as the RBI endeavours to keep long-term government bond yields low, to ensure smooth financing of higher fiscal deficits," Nomura report added.

Market Bond Rbi Yield Bond Yield Expect Fiscal  help  bps  rbi  current  bring  repo  funds  yield  measures  market  financial  months  operations  lowest  bond  expect  fiscal  govt

History of this topic

India’s 10-year bond yield may fall to 6.6% if RBI eases in Feb, ICICI Bank’s Prasanna says
1 week, 6 days ago

India’s 10-year bond yield may fall to 6.6% if RBI eases in Feb, ICICI Bank’s Prasanna says

Live Mint  

By Dharamraj Dhutia MUMBAI, Dec 11 - Indian government bond yields may trend in a narrow range in the near term, but the benchmark bond yield could ease to levels seen three years ago if the central bank cuts interest rates in its next policy meeting, the treasurer at ICICI Bank said. Going into the next year, if there is …

Stock market strategy: Should you increase your fixed income allocation as bond yields spike after RBI policy?
2 weeks, 2 days ago

Stock market strategy: Should you increase your fixed income allocation as bond yields spike after RBI policy?

Live Mint  

The Reserve Bank of India’s on December 6 kept the benchmark repo rate unchanged at 6.5% for the eleventh straight meeting, and maintained the monetary policy stance ‘Neutral’. Following the release of Q2FY25 GDP data, the bond market began anticipating potential monetary easing in the RBI policy. Bond Market Reaction The Indian government bond yields jumped, with the 10-year benchmark …

Current yields bolster case for longer-term India bond investments, HDFC AMC says
Trending News
3 weeks, 1 day ago

Current yields bolster case for longer-term India bond investments, HDFC AMC says

Live Mint  

By Dharamraj Dhutia MUMBAI, Dec 2 - Indian government bond yields are "attractive," and macroeconomic indicators such as slowing growth and demand-supply dynamics are bolstering the case for longer-duration fixed income investments, an executive at India's third-largest asset manager said. ".Given the macroeconomic factors are favourably placed, the current level of yields present an opportunity to increase duration on risk-reward …

India 10-year bond yield hits 2-month low on growing policy easing bets
Trending News
3 weeks, 1 day ago

India 10-year bond yield hits 2-month low on growing policy easing bets

Live Mint  

By Dharamraj Dhutia MUMBAI, Dec 2 - Indian government bond yields continued to dip, extending Friday's trend at the start of a new week, as weaker-than-expected economic growth data spurred bets on a monetary policy easing. The Reserve Bank of India's monetary policy committee is set to meet this week, and is expected to make a decision on Friday. "It …

India bond yields may drop tracking decline in US rates
Trending News
4 weeks, 1 day ago

India bond yields may drop tracking decline in US rates

Live Mint  

By Nimesh Vora MUMBAI, Nov 25 - Indian government bond yields may dip at open on Monday, tracking a decline in U.S. rates, while traders wait for data on how Asia's fourth-largest economy fared in the last quarter due later in the week. The 10-year U.S. Treasury yield dropped six basis points in Asia trading, after U.S. President-elect Donald Trump …

India bond yields marginally down on value buys, fresh cues awaited
1 month ago

India bond yields marginally down on value buys, fresh cues awaited

Live Mint  

By Dharamraj Dhutia MUMBAI, Nov 18 - Indian government bond yields trended slightly lower in early deals at the start of another holiday-truncated week amid value purchase from investors after yields rose last week. Meanwhile, U.S. Treasury yields edged higher on Friday and remained elevated during Asian hours as strong U.S. retail sales data and import prices lowered bets of …

RBI maintains status quo for 8th time in a row; repo rate unchanged at 6.5%
6 months, 2 weeks ago

RBI maintains status quo for 8th time in a row; repo rate unchanged at 6.5%

New Indian Express  

MUMBAI: Fearing a spike in inflation during the second half of the fiscal year and forecasting stronger economic growth, the Monetary Policy Committee, chaired by Reserve Bank of India governor Shaktikanta Das, on Friday, left the key policy rates unchanged at 6.5 percent for the eighth consecutive time. The last time the rate-setting panel tweaked the repo rate was a …

RBI MONEY MARKET OPERATIONS
7 months, 2 weeks ago

RBI MONEY MARKET OPERATIONS

Live Mint  

MUMBAI, Nov 21, Money Market Operations as on November 19, 2024 Volume Weighted Average Rate Range A. Market Repo 980.85 6.59 6.45-6.74 V. Repo in Corporate Bond 0.00 - - RBI OPERATIONS@ Auction Date Tenor Maturity Date Amount Current Rate / Cut off Rate C. Liquidity Adjustment Facility, Marginal Standing Facility & Standing Deposit Facility I. Variable Rate& Main Operation …

RBI policy: Stock market experts suggest ‘buy on dips’ strategy in these sectors
1 year, 4 months ago

RBI policy: Stock market experts suggest ‘buy on dips’ strategy in these sectors

Live Mint  

RBI monetary policy meeting: In three days monetary policy committee meeting from 8th to 10th August 2023, the Reserve Bank of India decided to keep repo rate steady at 6.50 per cent for third time in a row. After the announcement of RBI MPC meeting outcome, stock market experts have predicted volatility in interest rate sensitive segments like banking, NBFC, …

India 10-year bond yield posts steepest drop in 32 months as inflation eases
2 years ago

India 10-year bond yield posts steepest drop in 32 months as inflation eases

Live Mint  

Indian government bond yields slid in November, with the benchmark yield posting its steepest monthly fall in 32 months, as easing domestic and U.S. inflation raised bets that the aggressive rate-hike cycle in both nations may be near its end. "Market participants are not at all worried about another 50 bps rate hike, and things changed after softer inflation reading," …

RBI rate hike impact: What stock, bond market investors should know
2 years, 4 months ago

RBI rate hike impact: What stock, bond market investors should know

Live Mint  

Indian stock markets rose, the rupee strengthened and bond yields rose after the Reserve Bank of India hiked repo rate to pre-covid levels. The Reserve Bank of India raised the key policy repo rate by 50 basis points while Governor Shaktikanta Das remained optimistic about domestic growth. While the domestic inflationary pressures seem to be easing out gradually, the geopolitical …

Markets trade in green post RBI front loading of repo rate with 50 bps hike
2 years, 4 months ago

Markets trade in green post RBI front loading of repo rate with 50 bps hike

Live Mint  

MUMBAI: Indian stock markets rallied after the Reserve Bank of India raised policy rates for the third straight time to tame runway inflation. Market experts believe the front loading of rates will support the domestic currency and also help boost FPI inflows. The central bank's rate setting panel raised the key policy repo rate-- at which the the RBI lends …

Shares inch up as RBI keeps rates steady to support growth
2 years, 8 months ago

Shares inch up as RBI keeps rates steady to support growth

Hindustan Times  

Shares edged higher on Friday after the central bank kept its key lending rate unchanged at a record low, opting to support post-pandemic economy growth despite rising inflation due to the Russia-Ukraine war. The monetary policy committee of the Reserve Bank of India held the lending rate, or the repo rate, at 4% and voted to keep its monetary policy …

Bond yields fall sharply on dovish commentary from RBI
2 years, 10 months ago

Bond yields fall sharply on dovish commentary from RBI

Live Mint  

Indian bond yields fell sharply on Thursday in response to the Reserve Bank of India's more dovish than expected monetary policy, in which it kept both key rates unchanged while retaining its accommodative policy stance. "The surprise element in the credit policy is the very dovish stance taken by the MPC which in a way supports the expected large government …

India’s 10-yr bond yield hits 2-year high tracking US peers, crude
2 years, 11 months ago

India’s 10-yr bond yield hits 2-year high tracking US peers, crude

Live Mint  

India's benchmark 10-year bond yield hit a two-year high on Monday, tracking an uptick in U.S. yields and a continued rise in global crude oil prices which has raised expectations of rate increases by the Reserve Bank of India. India's benchmark 10-year bond yield rose 6 basis points from Friday's close to 6.64%, its highest since Jan. 22, 2020. The …

RBI likely to keep key rates steady, liquidity steps eyed
3 years, 6 months ago

RBI likely to keep key rates steady, liquidity steps eyed

India Today  

India's central bank will likely keep interest rates at record lows this week as it assesses the economic fallout of the country's evolving COVID-19 crisis, but the monetary authority is expected to reiterate its commitment on liquidity. The Reserve Bank of India's monetary policy committee will likely keep the key lending rate or the repo rate unchanged at 4% for …

India’s 10-year yield spikes as RBI bond-purchase results disappoint
3 years, 8 months ago

India’s 10-year yield spikes as RBI bond-purchase results disappoint

Live Mint  

The benchmark 10-year bond yield elevated on Thursday to its highest level in a week as the outcome of the first tranche of the Reserve Bank of India's bond-purchase programme disappointed traders while inflation concerns also weighed. RBI purchased ₹25,000 crore worth of bonds under G-SAP or government securities acquisition programme, under which it has committed to buying ₹1 trillion …

Surge in bond yields could drive growth off track: RBI
3 years, 9 months ago

Surge in bond yields could drive growth off track: RBI

Live Mint  

The Reserve Bank of India on Friday warned that rising bond yields could undermine the fragile global economic recovery, rendering most economies unable to tolerate high interest rates. In its latest currency and finance bulletin, RBI also pointed to the stubbornly high yields in the Indian bond market, cautioning that rising yields could prompt central banks to boost bond-buying. The …

RBI may consider issuing bonds to help soak up foreign money into stocks
3 years, 9 months ago

RBI may consider issuing bonds to help soak up foreign money into stocks

Live Mint  

The Reserve Bank of India may consider issuing its own bonds to help soak up a deluge of foreign money into stocks that threatens financial stability, according to a report published by its researchers. “Enhancement of sterilization capacity may be necessary to deal with possible surges in capital flows in the future.” The RBI report recommended further strengthening foreign-exchange reserves, …

Benchmark Yields May Jump to 6.4% by March 2022: Report
3 years, 9 months ago

Benchmark Yields May Jump to 6.4% by March 2022: Report

News 18  

In what could be worrying for both the Reserve Bank, which has successfully managed to keep the bond yields under check till January, and also the government in terms of higher interest payout, a report has warned that the benchmark yields can jump to 6.40 per cent by March 2022. Given the likely rate and liquidity normalisation expected next fiscal …

Bond investors see RBI curbing yields amid India’s supply deluge
3 years, 10 months ago

Bond investors see RBI curbing yields amid India’s supply deluge

Live Mint  

India is set to sell another Rs260 billion of bonds on Friday amid rising expectations that the central bank will step into the market to keep yields from rising too far. Surprise demand at a special auction of government debt on Thursday spurred talk that state-run banks and primary dealers were scooping up bonds to sell to the Reserve Bank …

RBI pushes yield on 10-year G-secs back to below 6%
3 years, 10 months ago

RBI pushes yield on 10-year G-secs back to below 6%

Live Mint  

The Reserve Bank of India on Thursday forced down yield on the 10-year benchmark bond below 6% in a special auction of government securities, smoothening the government’s massive borrowing programme. The ‘others’ category, which typically includes the monetary authority, insurance and pension funds, bought ₹25,000 crore of bonds in the secondary market, its biggest purchase, according to Clearing Corporation of …

RBI to conduct OMO for ₹20,000 crore on 10 Feb
3 years, 10 months ago

RBI to conduct OMO for ₹20,000 crore on 10 Feb

Live Mint  

The Reserve Bank of India on Monday announced that it will purchase government securities worth ₹20,000 crore through open market operations in a bid to cap yields of treasury bonds and support an expanded government borrowing programme. “The Reserve Bank stands committed to ensuring the availability of ample liquidity in the system in order to foster congenial financial conditions,” an …

Bond turmoil on India’s cash drain shows market fragility
3 years, 11 months ago

Bond turmoil on India’s cash drain shows market fragility

Live Mint  

The Reserve Bank of India’s first steps to revive money-market rates proved how fragile sentiment remains, as a spike in bond yields spurred policy makers to announce more buying to quell the turbulence and protect the economy’s nascent recovery. The central bank’s first 14-day reverse-repurchase operation since March saw rates on short-dated sovereign bonds rise as much as 33 basis …

Treasury bill yields rise in India after RBI’s cash move
3 years, 11 months ago

Treasury bill yields rise in India after RBI’s cash move

Live Mint  

India’s Treasury bill yields rose at an auction after the central bank took the first step toward paring back on some of its pandemic relief measures. The 190 billion rupees sale was the first sovereign auction since the Reserve Bank of India said late on Friday it plans to drain cash via a reverse repo operation. “After today’s T-bill auction, …

RBI squeezes money markets to spur selloff in shorter bonds
3 years, 11 months ago

RBI squeezes money markets to spur selloff in shorter bonds

Live Mint  

India’s key money-market rates and yields on short-term debt rose after the central bank took its first small step toward unwinding emergency pandemic measures. The interbank call rate rose to as much as 3.50% as against Friday’s weighted average of 3.18% while the yield on a five-year bond was up 10 basis points after the Reserve Bank of India said …

RBI policy is pre-Diwali Dhamaka for bond markets, says Kotak’s Lakshmi Iyer
4 years, 2 months ago

RBI policy is pre-Diwali Dhamaka for bond markets, says Kotak’s Lakshmi Iyer

Live Mint  

All in all a policy for bond markets. RBI's announcement of doubled OMOs of ₹20,000 crore next week, first time OMOs of state development loans and On Tap TLTROs were amongst the major announcements to bring cheer to the bond markets. Here's what the bond market experts have to say about the announcements in RBI Policy: Lakshmi Iyer, Chief Investment …

RBI Policy: Will central bank’s move spur consumer demand?
4 years, 2 months ago

RBI Policy: Will central bank’s move spur consumer demand?

Live Mint  

MUMBAI: Consumer demand that has remained slack in discretionary categories, specifically in urban regions, may get some fillip after inflation tapers off, which is expected in the next three months, according to the RBI. After six months of coping with the vagaries of covid-19 related demand and supply, FMGC companies have now been able to restore distribution supplies completely to …

RBI announces OMO for sale, purchase of govt securities of ₹10,000 crore
4 years, 3 months ago

RBI announces OMO for sale, purchase of govt securities of ₹10,000 crore

The Hindu  

The Reserve Bank of India will conduct simultaneous purchase and sale of government securities under the Open Market Operation for ₹10,000 crore each on September 10, the central bank said on Monday. The RBI on August 31 had announced that it would conduct special simultaneous purchase and sale of government securities under OMO for an aggregate amount of ₹20,000 crore …

RBI rides to rescue, unveils steps to cool rising bond yields
4 years, 3 months ago

RBI rides to rescue, unveils steps to cool rising bond yields

Deccan Chronicle  

Mumbai: In a bid to cool rising bond yields and maintain market stability in the financial system, the Reserve Bank of India on Monday announced a slew of measures including two more tranches of special open market bond operations or ‘Operation Twist’ and additional term repo operations of Rs one lakh crore at a floating rate basis. The central bank …

RBI Announces Special OMO for Sale, Purchase of Govt Securities Worth Rs 10,000 Crore
4 years, 3 months ago

RBI Announces Special OMO for Sale, Purchase of Govt Securities Worth Rs 10,000 Crore

News 18  

The RBI will conduct a simultaneous purchase and sale of government securities under open market operation for an aggregate amount of Rs 10,000 crore on Thursday. The RBI had announced, on August 25, simultaneous purchase and sale of government securities under OMO for an aggregate amount of Rs 20,000 crore in two tranches of Rs 10,000 crore each. The Reserve …

RBI Balance Sheet Expands by 30% in 2019-20
4 years, 3 months ago

RBI Balance Sheet Expands by 30% in 2019-20

News 18  

The size of the Reserve Bank’s balance sheet, which is reflective of activities carried out by it in pursuance of currency issue function as well as monetary policy and reserve management objectives, has increased by 30.02 per cent in the year ended June 30, 2020, says its annual report. The balance sheet increased by Rs 12,318.88 billion to Rs 53,347.93 …

RBI announces special OMO of Rs 20,000 crore in 2 tranches
4 years, 3 months ago

RBI announces special OMO of Rs 20,000 crore in 2 tranches

The Hindu  

The Reserve Bank of India on Tuesday said it will conduct simultaneous purchase and sale of government securities under Open Market Operations for an aggregate amount of ₹20,000 crore in two tranches. The auction will be in held in two tranches of ₹10,000 crore each and will be conducted on August 27 and September 03, 2020, Reserve Bank of India …

RBI to conduct another tranche of Operation Twist over next 2 weeks
4 years, 3 months ago

RBI to conduct another tranche of Operation Twist over next 2 weeks

Live Mint  

MUMBAI: The Reserve Bank of India on Tuesday said it will simultaneously buy and sell government bonds--Operation Twist--in a bid to lower interest rates on long-term government bonds. The central bank said it will conduct the bond-swapping programme under open market operations for ₹10,000 crore each on 27 August and 3 September. Typically, the central bank conducts OMO sales to …

RBI announces another 'Operation Twist' to raise money, traders unimpressed
4 years, 3 months ago

RBI announces another 'Operation Twist' to raise money, traders unimpressed

India Today  

The Reserve Bank of India announced on Tuesday it will buy longer tenor bonds and sell shorter maturities in a U.S.-style ‘Operation Twist’, but traders say it may have to do more to calm investor nerves and prevent abrupt jumps in bond yields. Indian government bond yields dropped sharply in morning trade after the RBI announced the special open market …

RBI’s silence on record India bond sales leaves traders baffled
4 years, 4 months ago

RBI’s silence on record India bond sales leaves traders baffled

Live Mint  

The Reserve Bank of India’s monetary policy review has come and gone but it’s done little to calm traders’ nerves over an unprecedented government bond supply. The market has so far been able to withstand the heavy government debt supply thanks to the central bank’s 115 basis points rate cuts this year and its Rs1.2 trillion of bond purchases from …

RBI payout may slump in disappointment for markets, fund says
4 years, 5 months ago

RBI payout may slump in disappointment for markets, fund says

Live Mint  

Bond traders pinning their hopes on a larger-than-budgeted central bank payout to Prime Minister Narendra Modi’s government may be in for a disappointment, according to Quantum Advisors Pvt. The Reserve Bank of India will probably transfer as much as ₹60,000 crore for the year to June 30, sticking with estimates unlike last year when the payment was almost double the …

Discover Related