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India Short-Tenor Bond Yields Climb on Early Dollar Window Close

Bloomberg Markets Monday 17 August 2026, 04:55 UTC By Subhadip Sircar 1 min read
Key Points

Central Banks India Short-Tenor Bond Yields Climb on Early Dollar Window Close Shorter-tenor India bond yields surged after the central bank said it will close a special dollar deposit window for overseas residents a month earlier than scheduled. The move, announced late Friday, surprised traders after Reserve Bank of India Governor Sanjay Malhotra had ruled out an early closure as recently as the Aug. 5 policy meeting.

Central Banks India Short-Tenor Bond Yields Climb on Early Dollar Window Close Shorter-tenor India bond yields surged after the central bank said it will close a special dollar deposit window for overseas residents a month earlier than scheduled. The move, announced late Friday, surprised traders after Reserve Bank of India Governor Sanjay Malhotra had ruled out an early closure as recently as the Aug. 5 policy meeting.
India (LOCATION) Reserve Bank of India (ORG) Sanjay Malhotra (PERSON)
Originally published by Bloomberg Markets Read original →

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