{
  "id": 10386231,
  "title": "India's key-tenor bonds may see relief after October-March supply cut",
  "url": "https://urgent.news/2026/09/28/indias-key-tenor-bonds-may-see-relief-after-october-march-supply-cut-10386231",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-09-28T06:51:40.000Z",
  "source": {
    "name": "Business Recorder",
    "slug": "business-recorder",
    "url": "https://www.brecorder.com/news/40441577/indias-key-tenor-bonds-may-see-relief-after-october-march-supply-cut"
  },
  "original_language": "en",
  "account": "Mumbai: India's government bond yields are anticipated to climb higher on Monday, in line with a surge in US Treasury yields. However, a decrease in the supply of liquid five-year and 10-year bonds during the October-March period could provide some respite following a substantial sell-off over recent weeks. The benchmark 6.94% 2036 bond yield is projected to trade within the range of 7.06% and 7.11% on Monday, according to a dealer from a primary dealership, following its close at 7.1194% on Friday. \"Traders may find some reassurance in the moderate reduction in five-year and 10-year bond supply, as these segments were significantly impacted in the past few trading sessions,\" the dealer noted. New Delhi intends to raise 7.86 trillion rupees ($82 billion) via bond sales between October and March, which is marginally below previous estimates. This marks the full-year borrowing at 16 trillion rupees, slightly lower than the 16.09 trillion rupees anticipated for the entire year and the 17.20 trillion rupees outlined in the previous budget. The proportion of five-year and 10-year bonds in the borrowing mix has been reduced to 12.1% and 26.3%, respectively, down from 15.4% and 29% in the April-September period. The 10-year benchmark bond yield has increased by 36 basis points over the past six weeks, while its shorter-duration counterpart has surged by 46 basis points during the same timeframe. US Treasury yields remain elevated, with the 10-year yield near its highest level in nearly two decades, as recent data and comments from Federal Reserve officials have fueled expectations of additional rate hikes. Currently, traders estimate a 64% probability of another rate increase in October and a 51% chance of further action in December, as per CME Group’s FedWatch Tool. The Federal Reserve lifted rates earlier in the month, marking the first increase since 2023. Anticipation of a rate hike by the Reserve Bank of India has intensified following a rise in retail inflation to 4.82% in August, coupled with the US Federal Reserve's latest move, with the majority now anticipating an increase next week.",
  "summary": "MUMBAI: Indian government bond yields are set to open higher on Monday, tracking a rise in US Treasury yields, although a reduction in October-March supply of liquid five-year and 10-year bonds may offer some relief after a steep selloff in recent weeks. The benchmark 6.94% 2036 bond yield is expected to trade between 7.06% and 7.11% on Monday, according to a trader with a primary dealership,…",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 2,
    "also_reported_by": [
      {
        "outlet": "Hindu BusinessLine",
        "title": "India's key-tenor bonds may see relief after October-March supply cut",
        "url": "https://urgent.news/2026/09/28/indias-key-tenor-bonds-may-see-relief-after-october-march-supply-cut",
        "published": "2026-09-28T03:47:40.000Z"
      }
    ]
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}