As of January 18, foreign funds owned 21.2%, or ₹10,398 crore worth, of outstanding stock of a government bond maturing in 2028, Clearing Corporation of India data showed. The bond, which has an outstanding stock of ₹49,000 crore, is among the most liquid in the secondary market.
After RBI in 2021 rolled out ‘RBI Retail Direct’ scheme to trade in government securities, G-Secs’ popularity spiked significantly. G-Secs is a tradeable instrument issued by the Government of India, or the state governments, which acknowledges government s debt obligation
Oil prices, US Treasury yields and geopolitical tensions due to the Middle East conflict can put upward pressure on the yields, the report pointed out, , money markets, call money, g-secs, G-sec yield, current account deficit (CAD), us treasury
With growth projections improving and inflation expected to be benign, the change in stance from “withdrawal of accommodation” to neutral, is the first step in the direction of an interest rate cut.