CNBC-TV18's Latha Venkatesh explains how revised year-end prices on a bunch of bonds, on RBI's instruction, is hurting yields and maybe even banks earnings.
CNBC TV18
@moneycontrolcom
The Fixed Income Money Market and Derivatives Association of India today announced around noon that it has put out revised year-end prices on a bunch of bonds, on RBI's instruction. Most of the revised prices were lower than the actual last traded price of these bonds. Immediately bond yields fell; but more importantly, banks are going to see their third quarter treasury earnings get impacted. CNBC-TV18's Latha Venkatesh explains how this move is hurting yields and maybe even banks earnings.
Watch video for more...First Published on Jan 11, 2018 06:15 pm
