The domestic 10-year government bond yield is expected to trade in the range of 6.48-6.58 per cent in the current month, with a slight downward bias due to higher foreign institutional investor (FII) inflows, according to a report by Bank of Baroda.
The figures issued Thursday by QCB showed an increase in its official reserves at the end of last month, compared to the same month last year, by about QR 28.536 billion, to reach QR 182.406 billion, driven by the hike in the central balances of bonds and foreign treasury bills from about QR