What Can We Expect From India's Budget?

The video discusses the upcoming budget in India, highlighting its significance post-economic hibernation. It examines the potential impact on the bond market, considering the fiscal deficit and government borrowing. The steep yield curve and bond supply distribution are analyzed, with a focus on the Reserve Bank of India's (RBI) role in maintaining market stability through open market bond purchases and liquidity management.

What role does the Reserve Bank of India play in the bond market following the budget?

How might the supply of bonds be affected in the short and long term?

What are the expectations regarding the support from the RBI in the upcoming fiscal year?