bond yield

RBI: RBI: Govt to buy back bonds worth Rs 40,000 crore; move to ease tight liquidity

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Mumbai: In a move that will ease the prevailing tight liquidity conditions in the banking system, the Reserve Bank of India on Friday said the Centre plans to buy back Rs 40,000 crore worth of government securities on May 9, the first such repurchase since 2018. The unexpected move is also seen bringing down yields … Read more

Shapoorji Pallonji: Shapoorji Pallonji firm faces bond yield spike on asset sale concerns

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Mumbai: Goswami Infratech, a Shapoorji Pallonji group company, is facing a surge in bond yields by as much as 200 basis points to 19% due to concerns about a potential breach of a covenant on the sale of assets, three people aware of the development told ET. The company had initially raised ₹14,300 crore for … Read more