Choose the exit
---
RT @RahulKhanwalkar
So, most of Govt bond auctions post-budget have failed to find willing buyers.

In normal markets, this would lead to rise in interest rates.

But in a ‘managed’ market such as ours, this first leads to RBI and/or primary dealers directly funding the Govt.
https://twitter.com/RahulKhanwalkar/status/1363718177704734725