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Cut-off yields ease by 7-8 bps at State bond auction as borrowings taper

This week, spread between weighted average 10-year SDL and 10-year GOI bond yield was up slightly to 37 bps from 36 bps earlier

Topics
State Development Loans | Reserve Bank of India | bond yield

Abhijit Lele  |  Mumbai 



Imaging: Ajay Mohanty
Imaging: Ajay Mohanty

The yields on 10-year (SDL) at Tuesday’s auction eased by 7-8 basis points while amounts raised by state governments continued to be lower than the indicative calendar.

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First Published: Tue, June 21 2022. 23:14 IST

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