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The de-recognition by European regulators of the Clearing Corporation of India (CCIL) did not cause any disruptions in government bond trading on Tuesday as national regulators of foreign banks have offered concessions on the matter. The CCIL houses the trading platforms for sovereign bonds and derivatives. Yield on the 10-year benchmark bond eased 3 basis points to 7.09%.
The de-recognition by European regulators of the Clearing Corporation of India (CCIL) did not cause any disruptions in government bond trading on Tuesday as national regulators of foreign banks have offered concessions on the matter. The CCIL houses the trading platforms for sovereign bonds and derivatives. Yield on the 10-year benchmark bond eased 3 basis points to 7.09%.
The de-recognition by European regulators of the Clearing Corporation of India (CCIL) did not cause any disruptions in government bond trading on Tuesday as national regulators of foreign banks have offered concessions on the matter. The CCIL houses the trading platforms for sovereign bonds and derivatives. Yield on the 10-year benchmark bond eased 3 basis points to 7.09%. 
