The buyback will cover four government securities maturing in 2026 and 2027 as the Centre seeks to smooth its redemption profile and manage debt more efficiently
Most of the assets listed in Saturday's disclosures consist of bonds issued by municipalities, states, counties, school districts and other entities with ties to public agencies
A 41 per cent plurality of economists expect the US Fed to signal two cuts in the closely watched dot plot, while an equal number expect the forecasts to show just one or no cuts at all
While liquidity tightness was not acute in April and overnight rates had not hit the MSF ceiling, the RBI probably anticipated election-related constraints on govt spending could tighten liquidity
The major risk to Indian equities, according to him, is the arrival of a new Covid variant, which he says the country shares with the rest of the world.
