29-March-2025
Markets and Finance
 
Indian bond yields stable after record state debt sale, RBI purchase
26-Mar-2025

Indian government bond yields ended little changed on Tuesday after a record state debt auction was easily absorbed by the market, while a smaller-than-expected debt purchase by the central bank lifted sentiment. The benchmark 10-year bond yield ended at 6.6370 per cent, compared with its previous close of 6.6291 per cent. Indian states raised Rs 722.55 billion ($8.43 billion) through a sale of bonds, the biggest amount ever to be borrowed via a single auction.

News Source:- https://www.business-standard.com/economy/news/indian-bond-yields-stable-after-record-state-debt-sale-rbi-purchase-125032500928_1.html