RBI cancels ₹11,000 crore bond auction, yields drop

2 Nov 2025 · 07:08 ISTpre-market1 source ↓written by the desknot a recommendation

in the benchmark: 7 bps decline
10-year yield: 6.531%

The Reserve Bank of India (RBI) cancelled a ₹11,000 crore bond auction, leading to a 7 bps decline in the benchmark 10-year yield to 6.531%. This move signals the RBI's discomfort with current yield levels, impacting trading strategies in the bond market. Traders noted a rally in mid-term bonds following the announcement.

Not investment advice. For informational purposes only.

OI Charts is not a SEBI-registered investment adviser or research analyst. This bulletin was written by the OI Charts desk from the public sources listed here. It is commentary on market conditions, not a basis for any investment decision and not a recommendation to buy or sell any security. Prices as of 2 Nov 2025, 07:08 IST.

Sourcesnews.google.com

Banking

1 OctSensex hits 2026 low, Nifty below 22,300HighOn 01 Oct 2023, the BSE Sensex fell over 1,000 points to 71,486.24, marking a 2026 low, while the Nifty 50 dropped below 22,300. This sell-off erased ₹8.7 lakh crore in investor wealth amid rising crude oil prices and geopolitical concerns.
1 OctKarur Vysya Bank reports 18% YoY growth in Q2FY27MediumKarur Vysya Bank reported total business growth of 17.96% YoY to ₹2,39,710 crore in Q2FY27, driven by deposits up 15.96% and advances up 20.34%. This indicates strong operational momentum and broad-based growth.
1 OctPositive NIM outlook for banks from 2HFY27MediumA report suggests a positive net interest margin outlook for banks from 2HFY27, driven by a rising rate cycle. Currently, NIM stands at 3.2% in Q1FY27, with expectations of continued growth despite potential pressure in Q2FY27.
1 OctJP Morgan identifies key sectors for India's growth cycleMediumJP Morgan's report identifies financials, private capital expenditure, and manufacturing as key growth themes in India. The firm favors mid- and small-cap stocks, with overweight allocations in several sectors, emphasizing the need for strong demand and capital expenditure.
1 OctState Bank of India leads Reliance's $1.35 billion debt saleHighState Bank of India acquired nearly ₹50 billion of Reliance Industries' ₹130 billion debt sale, representing about 40% of the offering. The bonds, rated AAA, carry a 7.90% coupon, highlighting strong demand amid inflation concerns.
30 SeptReliance proceeds with ₹12,000 crore bond issue amid rising costsMediumReliance Industries is advancing with a ₹12,000 crore bond issue despite rising borrowing costs, with recent bids exceeding 8%. This move comes as companies seek to leverage available liquidity amid tightening market conditions.

RBI cancels ₹11,000 crore bond auction, yields drop

Related