Bond yield event ❖ In April 2021, the RBI launched G-SAP under which it said it would buy Rs 1 lakh crore worth of bonds in the April-June quarter. ❖ It has so far bought Rs 25,000 crore worth of government securities (G-secs). ❖ The 10-year bond has declined 15 basis points from 6.15% in the last one month (April).
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