What is the reason behind the rise in yield on the 10-year government bond in 2022?
Surplus liquidity conditions that prevailed post-Covid-19 in response to the Reserve Bank’s conventional and unconventional monetary measures moderated during FY23 in consonance with the changed monetary policy stance that focused on the withdrawal of accommodation. The Reserve Bank remained nimble and agile in liquidity management by conducting two-way operations. It injected liquidity to assuage transient liquidity tightness through two variable rate repo (VRR) auctions of ₹50,000 crore each of 3 days and overnight maturity on 26th July and 22nd September 2022, respectively. The gradual withdrawal of surplus liquidity pushed the weighted average call rate (WACR) – the operating target of monetary policy – closer to the policy repo rate, on an average basis. After remaining steady through 2020 and 2021, the yield on the 10-year government bond rose in 2022. The weighted average yield spike reflects the domestic bond market volatility stemming from uncertainty in crude prices, a hawkish stance of major central banks, a hardening of global bond yield and the pressure on the rupee. The trading volume in G-Secs (including T-Bills and SDLs) reached a two-year high of ₹27.7 lakh crore during Q2 FY23, registering a YoY growth of 6.3 per cent. The higher trading volume reflects the growing interest of market players/ traders in the government security market. Private Sector Banks emerged as the dominant trading segment in the secondary market during the quarter under review, with a share of 25.0 per cent in “Buy” deals and 24.8 per cent in “Sell” deals in the total outright trading activity, followed by foreign banks, public sector banks, primary dealers and mutual fund.
Select the set in which the numbers are related in the same way as are the numbers of the following sets.
( NOTE : Operations should be perfor...
A series is given with one term wrong. Select that wrong term from the given alternatives.
82, 164, 492, 2450, 17220
Pick the odd one out.
Eight persons P, Q, R, S, T, U, V and W are sitting around a square table for dinner in such a way that 4 persons are sitting at the four corners and 4 ...
Statement:
The number of complaints lodged by patients and their attendants in Hospital-A has increased during the last five years. Due to insu...
Select the letter-cluster from among the given options that can replace the question mark (?) in the following series.
BOY, FMU, ?, NIM, RGI
Choose the pair which is related in the same way as the words in the first pair from the given choices.
INDIA : TIGER :: USA : ________________
In a code language, ‘he is tall’ is coded as ‘lu ma na’, ‘Giraffe is tall’ is coded as ‘na pa ma’. What is the code for the word ‘Gira...
If a boy finds that he is 11th from the right in a line of boys and 5th from the left, how many boys should be added to the line so that there are 29 bo...
Mohit walks 120 m towards south then turning to his right he walks 120 m then turning to his left, he walks 90 m. Again, he turns to his left and walks ...