Supported by the promise of liquidity, bonds pay less
Supported by the promise of liquidity, bonds pay less
Bond markets seemed convinced with assurances from the central bank that excess liquidity will remain, guaranteeing low returns. Shaktikanta Das has also indicated that he will use the market stabilization system and the permanent deposit facility if his forex intervention exceeds unspecified tolerable limits. “The Reserve Bank, for its part, is ready to undertake other […]
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