India bonds sink on RBI's early close of FX swap facility
First BankFirst Bank(US:FRBA) The Economic Times·2026-08-17 20:05

The yield on the benchmark 6.94% 2036 ‌bond surged 5 ⁠basis points ⁠to 6.8071%, its biggest single-day jump since July 14. Bond yields move inversely ​to prices. It settled above the key 6.80% level as stop-losses were triggered, which traders ​said could pave the way for further increases in yields in the next few sessions.Strong inflows from its The The facility was part of a wider package unveiled in June to bolster India's balance of payments. Its early closure disappointed markets, traders said.Live E ...

First Bank-India bonds sink on RBI's early close of FX swap facility - Reportify