Tag Archives: short-term

Govt may reduce sale of short-term bonds on surging yields

India may cut down on issuance of shorter-maturity bonds, a senior government official said, as a drop in prices on the securities in the secondary market prompts investors to demand higher yields at auctions. “While subscriptions have been there, the yields on the shorter end are higher than our expectations,” economic affairs secretary Subhash Garg said in an interview in Read More