RBI’s sovereign bonds holdings to be treated at par with market; direct debt switch unlikely in FY26: Report | Stock Market News
Source: Live Mint The Reserve Bank of India (RBI)’s holding of sovereign bonds due to mature next financial year will likely be treated at par with the market by the government rather than swapped for longer-dated debt, a top government official said. The RBI holds around 1 trillion rupees ($11.5 billion) of bonds maturing next…