News From Press RBI action Ahead of Monetary Policy, T-Bills yields jump 15–30 bps

RBI action Ahead of Monetary Policy, T-Bills yields jump 15–30 bps

Source: The Hindu BusinessLine Sep 29, 2022

In the run-up to the bi-monthly monetary policy review, the cut-off yield at the weekly auction of Treasury Bills (T-Bills) on Wednesday jumped about 15–30 basis points week-on-week (WoW), further discounting the possibility of a 50 basis point repo rate hike by the Monetary Policy Committee this week.

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