With government bond yields now at attractive levels, treasury heads are actively thinking about making purchases. After the RBI’s FCNR(B) scheme ended, the five-year bond yield closed at 6.52%. Although there’s speculation about a delay in renewed buying due to upcoming policy minutes, the banking sector’s liquidity remains robust, with funds ready to be invested shortly.
Oil Price Today (August 21): Crude oil nears $95 as Iran peace deal hopes fade. What are experts saying?
An earlier peace deal between the sides expired this week, with neither side making efforts to resume talks. U.S. President Donald Trump also threatened economic