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Monday, December 01, 2025 | 07:24 PM ISTहिंदी में पढें
OIS rates fall significantly on expectations of deeper rate cuts by RBI
Market participants said that the fall in overnight rates further weighed on OIS rates
 "RBI, Reserve Bank of India")
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The RBI has infused ₹2.9 trillion via OMO auctions so far and ₹2 trillion via long term variable repo rate (VRR) auctions. (Photo: Reuters)
Overnight indexed swap (OIS) rates have gone down significantly in April so far despite the rise in US Treasury yields on expectations of a deeper rate cut by the Reserve Bank of India’s (RBI’s) monetary policy committee, said dealers.
The one-year OIS rates and five-year OIS rates fell by 27 basis points (bps) and 19 bps respectively in April so far.
“The liquidity condition started improving since the first day of the financial year, and then the RBI announced the open market operation (OMO) auctions, which led to expectations of a deeper rate cut, decoupling the OIS from the US
Topics : RBI Rate cuts open market operations
