Skip to content
The Mumbai

India 10-Year Bond Yield Surges To 7.35% As RBI's ₹25,000 Crore OMO Sale, Rate Hike Rattle Markets

India 10-Year Bond Yield Surges To 7.35% As RBI's ₹25,000 Crore OMO Sale, Rate Hike Rattle Markets
Photo: Free Press Journal · view original

Indian government bond yields climbed sharply on Monday, Oct 12, as the Reserve Bank of India's (RBI) measures to withdraw liquidity intensified selling pressure in the debt market. The benchmark 6.94% government security maturing in 2036 opened at a yield of 7.3553%, compared with Friday's closi...

Sources and story details