UPDATE 1-India c.bank special operation leaves traders wary, but bonds rally
India’s central bank said on
Thursday it will buy and sell bonds in a special operation this
month, leaving traders wondering if it is attempting to
partially monetise government debt – but giving the benchmark
bond its biggest one-day rally in nearly six months.
Thursday it will buy and sell bonds in a special operation this
month, leaving traders wondering if it is attempting to
partially monetise government debt – but giving the benchmark
bond its biggest one-day rally in nearly six months.
Posted by Reuters
