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PNBGILTS PNB Gilts News Story

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India's PNB Gilts gains on RBI measures to boost foreign inflows into government bonds

BUZZ-India's PNB Gilts gains on RBI measures to boost foreign inflows into government bonds

** Shares of India's PNB Gilts PNBG.NS up 4.24% to 94.16 rupees

** Fixed income markets dealer gains after government widened access to the Fully Accessible Route (FAR) and eased foreign portfolio investor limits for government securities

** Higher demand for government securities could support bond prices and lower yields, benefiting PNBG through trading gains and stronger market activity

** Trading vols at 20.71 million shares about 6.7 times the 30-day avg of 3.1 million shares

** YTD stock up ~16%


(Reporting by Devika Nair in Bengaluru)

((Devika.MadhusudhananNair@thomsonreuters.com;))

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