Debt Market Outlook-Oct 2021

Key highlights-

• In the October MPC meeting, policy rates were kept unchanged

• A growth projection of 9.5% was retained

• Strong economic growth is expected ahead

• Stable yields in the bond market are a sign of confidence

• We remain bullish on the long-maturity Government securities (G-secs)

• Investors should consider bond ETF / Index Fund maturing in 5 to 10 years