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The Economic Times
The Economic Times

Indian bonds draw buyers on RBI measures, softer oil

RBI India Oil Bonds Reserve Bank of India United States

Indian government bonds drew fresh buying on Tuesday as lower oil prices and the Reserve Bank of India's measures to attract dollar inflows boosted sentiment and eased pressure on the rupee.

The benchmark 6.48% 2035 bond yield fell 3 basis points to 6.9265% by 11:15 a.m. IST. The 10-year ‌yield has declined ⁠7 basis ⁠points since the Reserve Bank of India's policy decision on Friday.

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