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  • News From Press Bond yields plunge as RBI steps in to stem price drop

    Bond yields plunge as RBI steps in to stem price drop

    The central bank’s demand side measures for the bond market, such as in increase in Held-To-Maturity (HTM) limits and the new Operation Twist calendar, besides the reinforcement of its accommodative stance are positives for bond market inflows
    ET Sep 3, 2020

    Bond yields in India Tuesday plunged the most since the beginning of a stage-gated unlocking of the economy, with the central bank using the so-called Operation Twist to stem the recent decline in bond values. The rupee, too, logged its steepest gains since late March to become the best emerging markets currency in a month.

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