Get all your news in one place.
100's of premium titles.
One app.
Start reading
The Economic Times
The Economic Times
Business

Indian 10-year bond yield down 0.10 pc on tax relief-driven FPI buying

Indian government bond yields dropped sharply in the last four days, with the benchmark 10-year yield falling 0.10 per cent, as foreign portfolio investor (FPI) inflows picked up after the government's recent tax relief measures for debt investments.

According to the data compiled by PTI, the 10-year benchmark bond yield eased to 6.911 per cent on Wednesday, from 7.024 per cent on June 3.

Sign up to read this article
Read news from 100's of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
One subscription that gives you access to news from hundreds of sites
Already a member? Sign in here
Our Picks
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.