Indian Bonds Rise for Third Day on RBI Buying, Lower State Debt Sale
🇮🇳 Indian Government Bond Market Brief
Indian Government Bonds (IGBs) recorded gains for the **third consecutive session** on Thursday.
This positive trend is primarily driven by heightened market confidence regarding potential buying support from the central bank.
Additionally, the market is reacting in advance of a forthcoming **reduction** in state debt auctions scheduled for next week. This supply cut expectation is supporting current price levels.