Moneycontrol
Last Updated : Jan 17, 2018 04:13 PM IST | Source: CNBC-TV18

Government cuts additional borrowing requirement: Here's what experts say

In what is a boost for the bond market, government re-assessed additional borrowing needs. In an interview with CNBC-TV18, Ashish Parthasarthy, Treasurer at HDFC Bank and Sahil Kapoor Chief Market Strategist at Edelweiss Broking discussed the impact.

CNBC TV18 @moneycontrolcom

In what is a boost for the bond market, government re-assessed additional borrowing needs. In an interview with CNBC-TV18, Ashish Parthasarthy, Treasurer at HDFC Bank and Sahil Kapoor Chief Market Strategist at Edelweiss Broking discussed the impact.

It is difficult to say where yields will go hereon, will look for comments from Monetary Policy Committee (MPC) along with the Budget, said Parthasarthy.

Click here for full Budget 2018

According to him, yield is likely to be rangebound till Budget day.

Additional borrowing by the government can easily be mopped up, Kapoor said.

For entire discussion, watch accompanying video...
First Published on Jan 17, 2018 02:05 pm
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