India uses e-rupee to settle 2.75 billion rupees of govt bonds
Trades in a total of three securities — five-year 7.38% 2027 former benchmark 6.54% 2032 and the current benchmark 7.26% 2032 bonds — were settled under the new route, data as of 4 p.m. IST (1030 GMT) showed.”Since this was the first day, some deals only in liquid bonds were settled using CBDC,” a trader with a state-run bank said.
