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First Negative-Yield Quote Causes Flutter in India's Bond Market.
- Source :
- Bloomberg.com; 3/20/2021, pN.PAG-N.PAG, 1p
- Publication Year :
- 2021
-
Abstract
- (Bloomberg) -- A negative yield was quoted for the first time ever on India's sovereign bond trading platform Friday, traders said, triggering intense speculation about the motive. The 6.17% bond maturing in 2021 was offered at a negative yield of around 1.5%, according to traders who saw the quote on the Clearing Corporation of India's Negotiated Dealing System -- Order Matching, or NDS-OM platform. [Extracted from the article]
Details
- Language :
- English
- Database :
- Complementary Index
- Journal :
- Bloomberg.com
- Publication Type :
- Periodical
- Accession number :
- 149363005