RBI Switches to Online Bond Platform to Manage Cash Conditions: Report
Business | Monday June 30, 2014
The Reserve Bank of India (RBI) has quietly switched to using an electronic bond trading platform to manage cash levels in the debt market, hoping a more discreet approach will have less impact on bond yields, two officials familiar with the trades told Reuters.
RBI Switches to Online Bond Platform to Manage Cash Conditions: Report
Business | Monday June 30, 2014
The Reserve Bank of India (RBI) has quietly switched to using an electronic bond trading platform to manage cash levels in the debt market, hoping a more discreet approach will have less impact on bond yields, two officials familiar with the trades told Reuters.
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