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FII debt limit auction for G-sec sails smoothly

There were total 43 bidders who participated in the auction

The Foreign Institutional Investors (FII) debt limit auction for government bonds sailed smoothly on Monday as the total market demand was worth Rs 813 crore compared with the amount available for auction for Rs 310 crore.

There were total 43 bidders who participated in the auction.

More favourable view on Indian economy and business environment, the risk premium for Indian papers began to climb down.

In mid-April the spread or the difference in yields between the 10-year G-sec and 10-year

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