Bond Yield Drops On Reserve Bank’s OMO Plan

Bond Yield Drops On Reserve Bank’s OMO Plan – Yield on India’s 10-year 7.17 percent bond expiring in January 2028 dropped 4 basis points to 7.82 percent after the Reserve Bank of India said it will buyback Rs 10,000 crore of debt via open market operations (OMO) on Thursday, the first …

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