Bond auction backs in as RBI refuses to sell – Mint

Bond auction backs in as RBI refuses to sell – Mint

MUMBAI : The Reserve Bank of India (RBI) on Friday refused to give in to investor demands for high yields on sovereign debt of Rs18,000 crore. This is the third time in five auctions that the primary dealers, the underwriters of bond auctions, were due to take place. Friday’s auction devolution shows that the market […]

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