-927.49
-261.85
+ 185.00
-999.00
-1,384.00
-927.49
-261.85
-261.85
+ 185.00
+ 185.00
-999.00
Updated - May 20, 2026 at 06:35 PM.
India’s treasury bill yields surged at a weekly auction, signaling fixed-income traders are starting to price in potential interest-rate hikes by the central bank.
Yield on the 364-day treasury bill rose 21 basis points to 5.9750 per cent Wednesday, the most in nearly four years, according to data compiled by Bloomberg. Yields on 182-day t-bills were up 22 basis points, while those on the shortest-tenor t-bills were up over 18 basis points.
“The three-month t-bills are pricing in a 25-basis-point rate hike,” said Puneet Pal, head of fixed income at PGIM India Mutual Fund. “This was bound to happen as t-bill yields were way too low relative to overnight index swaps and bank certificates of deposits.”
The Reserve Bank of India last hiked rates in February 2023 as consumer prices surged. Inflationary pressures are rising again as state-run refiners start passing on some of the oil price gains to households.
More stories like this are available on bloomberg.com
Published on May 20, 2026
此内容由惯性聚合(RSS阅读器)自动聚合整理，仅供阅读参考。 原文来自 — 版权归原作者所有。