BSE Govt Bonds

Indian bonds will be included in JPMorgan's widely-tracked emerging market debt index on June 28

India's index-eligible bonds have attracted $10 billion since the inclusion was announced in September

Foreign investors added new seven-year bond positions during its auction on Friday, while overseas banks have also been on a bond-buying spree for the last four weeks

The futures market is pricing in 50 basis points of rate cuts this year, according to the CME FedWatch tool

Bond yields declined at the start of the week, as the government announced a surprise buyback of bonds worth Rs 40,000 crore ($4.79 billion)

The benchmark 10-year yield was at 7.1620% as of 10:00 a.m. IST, following its previous close of 7.1598%

The auction will be conducted on BSE's ebidxchange platform from 3:30 pm to 5:30 pm, after the close of market hours

The debt auction quota gives overseas investors the right to invest in the debt up to the limit purchased

The debt auction quota gives overseas investors the right to invest in the debt up to the limit purchased