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First Negative-Yield Quote Causes Flutter in India Bond Market.

Authors :
Sircar, Subhadip
Source :
Bloomberg.com; 3/20/2021, pN.PAG-N.PAG, 1p
Publication Year :
2021

Abstract

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. (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. [Extracted from the article]

Details

Language :
English
Database :
Complementary Index
Journal :
Bloomberg.com
Publication Type :
Periodical
Accession number :
149363057