{
  "id": 1707536,
  "title": "Indian bond yields rise as oil prices climb and RBI closes deposit scheme",
  "url": "https://urgent.news/2026/08/18/indian-bond-yields-rise-as-oil-prices-climb-and-rbi-closes-deposit",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-08-18T12:30:48.000Z",
  "source": {
    "name": "Investing.com",
    "slug": "investing-com",
    "url": "https://www.investing.com/news/stock-market-news/indian-bond-yields-rise-as-oil-prices-climb-and-rbi-closes-deposit-scheme-93CH-4865167"
  },
  "original_language": "en",
  "account": "Indian government bonds experienced a second straight day of decline on Tuesday. The yield on the benchmark 6.94% 2036 bond rose to 6.8269%, up 5 basis points from Monday's 6.8071%, marking its steepest single-day increase in over a month. The 10-year bond yield fell to around 6.76% after the Reserve Bank of India adopted a dovish stance on August 5; however, bond prices have reverted to their prior levels following that policy decision.\n\nOn Friday, the RBI announced it would terminate a zero-cost swap facility one month early. The facility, introduced in June, provided banks with a hedge for foreign-currency deposits obtained from non-resident Indians, attracting more than $50 billion in inflows, surpassing projections. Policymakers expressed concern over the facility's impact on domestic liquidity.\n\nBrent crude oil prices surged to nearly $92 per barrel during Asian trading hours, following the expiration of a 60-day U.S.-Iran ceasefire on Monday. Neither Iran nor the U.S. signaled intentions to renew the agreement. India's overnight index swap rates also climbed for the second consecutive day, with the one-year swap rate ending at 5.83%, the two-year rate closing at 6.0550%, and the five-year rate settling at 6.42%. Swap rates had risen between 10 and 17 basis points throughout the week.",
  "summary": null,
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 2,
    "also_reported_by": [
      {
        "outlet": "Business Recorder",
        "title": "Short-term funds for Indian lenders may turn expensive after early closure of FX deposit scheme",
        "url": "https://urgent.news/2026/08/18/short-term-funds-for-indian-lenders-may-turn-expensive-after-early",
        "published": "2026-08-18T11:35:03.000Z"
      }
    ]
  },
  "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."
}