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RBI’s ₹17,274 Crore Bond Maneuver Signals Tactical Debt Rebalancing
In a tactical move to smooth India's debt maturity schedule, the Reserve Bank of India bought Rs 17,274 crore of its last switch auction of bonds—54 percent of the notified Rs 32,000 crore amount.
Key Highlights:
- The switch replaces near-duration bonds du...
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