India bond buyback indicates RBI's easing stance
pre-market1 source ↓written by the desknot a recommendation
- bond buyback
- ₹400 billion
The Reserve Bank of India announced a ₹400 billion bond buyback on May 9, signaling a shift towards easing liquidity. This unexpected move may lead to a neutral interest-rate stance in June, as cash conditions improved slightly in April. Early trading saw India bonds rally, with 10-year yields dropping to their lowest levels.
Not investment advice. For informational purposes only.