You are here: Home » Finance » News » Others
Central Bank likely to be out of PCA framework in some three months
Business Standard

RBI devolves bonds in auction, dodges market demand for higher yields

Central bank signals that it is no longer willing to continue with its easy money policy

Topics
RBI | Bonds

Anup Roy  |  Mumbai 



RBI, Reserve Bank of India
Photo: Shutterstock

The forced underwriters of government bond auctions to buy nearly a third of the instruments on sale Friday, as the markets demanded higher yields.

TO READ THE FULL STORY, SUBSCRIBE NOW NOW AT JUST RS 249 A MONTH.

SUBSCRIBE TO INSIGHTS

What you get on Business Standard Premium?

  • icon Unlock 30+ premium stories daily hand-picked by our editors, across devices on browser and app.
  • icon Full access to our intuitive epaper - clip, save, share articles from any device; newspaper archives from 2006.
  • icon Curated newsletters on markets, personal finance, policy & politics, start-ups, technology, and more.
  • icon Pick your 5 favourite companies, get a daily email with all news updates on them.
  • icon 26 years of website archives.
  • icon Preferential invites to Business Standard events.

OR


Subscribe to Business Standard Premium

Exclusive Stories, Curated Newsletters, 26 years of Archives, E-paper, and more!

Insightful news, sharp views, newsletters, e-paper, and more! Unlock incisive commentary only on Business Standard.

Download the Business Standard App for latest Business News and Market News .

First Published: Fri, December 24 2021. 20:09 IST

RECOMMENDED FOR YOU

.