SEBI Reg. Investment Advisor

Download App

MoneyWorks4Me

Bond yields trade flat on Friday

17 Jun 2016 Evaluate

Bond yields trade flat on Friday as investors remained cautious ahead of the announcement of the central bank that it would hold an open market purchase of sovereign papers on Monday. Based on the current assessment of prevailing and evolving liquidity conditions, the Reserve Bank has decided to conduct purchase of Government securities under Open Market Operations for an aggregate amount of Rs 100 billion on June 20, 2016.

In the global market, US benchmark Treasury yields fell to their lowest in four years on Thursday after the Bank of Japan's decision not to add stimulus, following the U.S. Federal Reserve's announcement on Wednesday it would keep interest rates steady. Furthermore, Crude oil prices rose for the first time in seven days on Friday as markets took a breather from concerns about the impact of Britain's possible exit from the European Union.

Back home, the yields on new 10 year Government Stock were trading flat at its previous close at 7.50% on Thursday.

The benchmark five-year interest rates were trading flat from its previous close at 7.40% on Thursday.

About MoneyWorks4Me

MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.

Our Vision

To become India’s most trusted, research-powered fiduciary advisory platform—where every investor, regardless of experience, can make calm, confident, and well-reasoned investment decisions.

What Makes MoneyWorks4Me Different

Our Approach: Ensuring compounding work its magic on client portfolio.

MoneyWorks4Me ensures this through:

×