RBI raises rates pushing bond-yields higher

Note: This section contains information in English only.
Source: Bloomberg
India's government bonds declined on Friday capping its worst performance in a month since November amid concerns that demand for the nation's securities may fall as the Reserve Bank of India raised its repurchase rate. India's benchmark 10-year yields climbed by nine basis points to 8.86% after the RBI increase the rates from 7.75% to 8%.

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