Macro Finance
RBI Turns Away All Bids at Treasury Bill Sale Amid Bond Selloff
Bloomberg Markets·October 21, 2026·1 min read
India's central bank rejected all bids at a federal treasury bill sale on Wednesday amid a bond selloff that pushed borrowing costs to multi-year highs. The RBI's move signals discomfort with current yield levels, as investors demand higher returns. The rejection adds pressure on government funding plans in a tightening market.
Read at Bloomberg MarketsDaily crypto arcade
Read the news, then play it.
Chainshorts turns crypto headlines into a daily game. Catch up in 60 words, then jump into daily lucky draws for a shot at the pot.