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India's fixed income space was supported yesterday after the RBI announced additional measures to support the bond market including increased purchases.
- The RBI also announced it would purchase INR 200bn of government bonds on Wednesday Feb 10.
The bank will purchase from the following lines:
|IN0020190396||6.18% GS 2024||04-Nov-24|
|IN0020170174||7.17% GS 2028||08-Jan-28|
|IN0020200153||5.77% GS 2030||03-Aug-30|
|IN0020200096||6.19% GS 2034||16-Sep-34|