August 07, 2024 05:25 GMT
Steady Bond Start Ahead of RBI Tomorrow
INDIA
- Bond markets quiet today ahead of RBI decision tomorrow on Repurchase Rate and Cash Reserve Rate.
- Consensus is for no change, with focus on any amendments to the accompanying language.
- Bonds muted with light volumes despite equity market positivity.
3yr 6.775% 5yr 6.804% (-0.5bp) 10yr 6.875% 30yr 7.025%
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