Why is this happening 2 specific bonds
- 709GS2054-GS
- 725GS2063
are falling rapidly? is there any specific reason or an event on these that i am not aware of ? or just normal day at market?
Long term bonds are more sensitive to interest rate changes. Click yield curve:
Interest rate changes based on faith in India’s ability to repay debt.
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I agree to that but bonds longer than this ie: ending in year 2073 have not moved much…and some other bonds in the same years also donot show much fall…
So wondering whats the deal here?
Other bonds don’t have enough liquidity to reach fair valuation? The yield should be more than 7.5% Perhaps 8%, but it’s only 7.4% now: 725GS2063 Bond Risk Analysis — TradingView
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Apparently my guess seems to be right. . The daily volumes of 2073 bonds is just around 8k, whereas this(2063) was 148k.
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That shld explain. Thanks btw where are you getting so much vivid details from…
Volume data? From Kite chart, just add volume.