Global bond selloff sinks 6th sovereign debt auction in India1 min read . Updated: 05 Mar 2021, 03:52 PM IST
- Primary dealers bought ₹19,400 crore ($2.66 billion) of bonds, equal to about 60% of the ₹31,000 crore the government offered at the weekly auction, the RBI said.
- Dealers bought ₹10,900 crore of the benchmark 10-year bond out of the ₹12,000 crore sale target
India’s bond underwriters stepped in to save a debt auction for the sixth time this year, the most since the 2013 taper tantrum, amid rising global yields.
Select your Category