The corporate bond repo is slowly picking up speed, although the volume is nowhere near what it should be to consider it a serious market. Surprisingly, the rates offered in the market are at or below the repo rate offered by the Reserve Bank of India (RBI) through its Liquidity Adjustment Facility (LAF). Typically, the […]
Indian bond yields tightened last month as the RBI refrained from cutting policy rates amid rising CPI inflation. Even though it was on the expected lines, the markets were disappointed as they have some expectations, such as an increase in the held-to-maturity (HTM) limits for banks, the timing of open market operations (OMO) and Operation […]