Bond yields likely to soften with FPI inflows, saving interest costs for government

September 30, 2024

The Centre’s gross borrowings for the second half of the fiscal have been fixed at ₹6.61 lakh crore with the borrowing target for the entire fiscal being maintained at ₹14.01 lakh crore, the central bank said last week. About 77% of the bond issuances will be for 10 years or higher tenure.

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