Bond Yield To Be Near 6.25% Level: K Harihar, First Rand Bank
  • WebDesk BTVI
  • Aug 27 2019

K Harihar, Head of Treasury at First Rand Bank, said high reserve transfer from RBI to the government will take care of fiscal deficit for FY20. He expects bond yield to be near 6.25 per cent level as clarity on lower government borrowing will keep the yield lower. Harihar feels high RBI reserves may not have much impact on the rupee. Here’s more.