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INDIA: Bond Wrap

INDIA
IndiaGlobalEM BulletBulletAPACEmerging Market NewsRegion
  • Indian Finance Minister Nirmala Sitharaman said on Monday that the country’s fiscal deficit will be brought down to or below 4.5% of gross domestic product by the next financial year, which ends in March 2026.
  • Risk markets were generally quiet today with equity markets marginally positive and bond yields flat with the exception of the 10 year. 

2yr 6.70%         5yr 6.688%          10yr 6.775 (+1.5bp)          30yr 6.935%

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  • Indian Finance Minister Nirmala Sitharaman said on Monday that the country’s fiscal deficit will be brought down to or below 4.5% of gross domestic product by the next financial year, which ends in March 2026.
  • Risk markets were generally quiet today with equity markets marginally positive and bond yields flat with the exception of the 10 year. 

2yr 6.70%         5yr 6.688%          10yr 6.775 (+1.5bp)          30yr 6.935%