Page 2 - Latest Updates on Treasury Bills
T-bills yield fall on liquidity rise, banks park over Rs 40k cr with RBI
The Reserve Bank of India (RBI) set the cut-off yield on the 91-day, 182-day, and 364-day Treasury bills at 6.82 per cent, 7.02 per cent, and 7.03 per cent, respectively
 "T-bills yield fall on liquidity rise, banks park over Rs 40k cr with RBI")
T-bill auction witnesses firm demand from Mutual Funds, private banks
Reserve Bank of India set the cut-off yield on the 91-day, and 364-day T-bills at 6.86 per cent, and 7.05 per cent respectively
T-bills demand softer than previous week on caution ahead of MPC outcome
Meanwhile, government bond yields inched up slightly, tracking a rise in US Treasury yields
Cut-off yield on 364-day Treasury bill up 7 bps as traders resist to invest
The Reserve Bank of India has fixed the cut off yield on the 91-day, 182-day, and 364-day T-bill at 6.72 per cent, 6.87 per cent, and 6.93 per cent, respectively
T-bills cut-offs remains steady, as liquidity conditions remain unchanged
The latest data showed that banks parked almost Rs 1.4 trillion with the RBI on Tuesday, as compared to Rs 1.3 trillion on July 19
 "T-bills cut-offs remains steady, as liquidity conditions remain unchanged")
Demand for T-bills softer than expected due to tight liquidity, say dealers
Banks parked almost Rs 1.3 trillion with RBI on Tuesday, versus Rs 2.3 trillion on July 4
T-bills auction sees firm demand amid lower supply in quarter ending June
A few dealers said that the firm demand for T-bills may help steepen the yield curve in the second quarter
Treasury-bill auction sees firm demand on hopes of improving liquidity
Surplus liquidity in the system, as indicated by the amount of funds that banks park with RBI, increased to Rs 34,843.21 crore on Tuesday, from Rs 18,657.21 crore on Monday
Credit Suisse got a $54 bn lifeline, now it needs to win back clients
In Asia, several ultra-wealthy clients continued to cut back their exposure amid the tumult this week. In the Middle East, some customers asked the bank to convert cash deposits into treasury bills
 "Credit Suisse got a $54 bn lifeline, now it needs to win back clients")
Treasury bill yields plunge as SVB collapse affects interest rate view
Short-term instruments, such as T-bills, are extremely sensitive to interest rate expectations
 "Treasury bill yields plunge as SVB collapse affects interest rate view")
Centre concerned about rising T-bill yields, may take remedial measures
The Indian government is concerned about rising yields on Treasury-bills and will take appropriate remedial measures
 "Centre concerned about rising T-bill yields, may take remedial measures")
Treasury yield curve inverts: What it means and what does it signal?
Yield curve inversion suggests that the market is becoming more pessimistic about the economic prospects for the near future
 "Treasury yield curve inverts: What it means and what does it signal?")
T-bill yields continue to surge, at the same level as 10-year bond
Around a year ago, the yield on the 10-year bond was more than 220 bps higher than that on the 364-day T-bill
Treasury Bill yields soar over tighter liquidity, inflation worries
Yield curve flattens; T-bill, 10-year bond spread now at 16 bps versus 222 bps a year ago
Rupee sheds 21p to dollar as Polish missile strike sparks risk aversion
Wider October trade deficit, contraction in exports drag down rupee
 "Rupee sheds 21p to dollar as Polish missile strike sparks risk aversion")
Policy transmission disjointed in bond market: RBI deputy governor Patra
The Deputy Governor flagged instances of wild swings in sovereign bond yields in response to factors such as the announcement of the government's borrowing programme and interest rate changes
 "Policy transmission disjointed in bond market: RBI deputy governor Patra")
India considers plan to reduce short-term borrowing as yields surge
The government may avoid incremental borrowing via the bills and only borrow to meet its previous repayment needs in the next quarter
 "India considers plan to reduce short-term borrowing as yields surge")
Worst of rupee volatility seen over as Fed view softens: BS poll
Rupee likely at 81.68 by December-end, largely stable at 81.75 by March-end
 "Worst of rupee volatility seen over as Fed view softens: BS poll")
Treasury Bill yields at multi-year high on near-term liquidity fears
Yields across both securities rose 7-8 basis points over the previous week's auction
Rupee trade with few nations may start, internationalisation will take time
Rupee trade with few nations may start, internationalisation will take time
 "Rupee trade with few nations may start, internationalisation will take time")
