Updated
Updated · NewsBytes · Apr 27
India 10-year bond yield rises to 6.97 percent after government auction
Updated
Updated · NewsBytes · Apr 27

India 10-year bond yield rises to 6.97 percent after government auction

5 articles · Updated · NewsBytes · Apr 27
  • The yield climbed after the government raised ₹32,000 crore, including issuing a new 30-year green bond at 7.5 percent interest.
  • The uptick in yields followed not only increased domestic supply but also global influences such as rising stock markets and easing oil prices.
  • Investor confidence improved globally as the dollar weakened and Iran signaled the reopening of a key shipping route, further affecting Indian bond market performance.
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