India govt concerned at T-bill yield spike, will take steps - source

Kitco Media
By Reuters
Published:
Updated:
Reuters
By Nikunj Ohri and Dharamraj Dhutia March 10 (Reuters) - The Indian government is concerned about rising yields on T-bills, and will take appropriate remedial measures, a government source said


The spike is "unreasoned", but the government may look at cutting its 2022/23 borrowing through this debt instrument , the source told Reuters.
(Reporting by Nikunj Ohri and Dharamraj Dhutia)

Messaging: twitter.com/nikunj_ohri))
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