In a major relief to the country’s sovereign bond market, the Reserve Bank of India (RBI) on Monday allowed banks to spread the mark-to-market (MTM) losses for 3Q and 4QFY18 over the next four quarters helping the bond yields to stabilise.
http://www.financialexpress.com/market/heres-how-rbis-latest-move-helped-rising-bond-yields-to-calm-down/1119732/
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