New Delhi, June 16 -- The yield on the 10-year benchmark government security (6.48% GS 2035) ended May at 7.00 per cent, dropping by two basis points from its April closing position of 7.02 per cent, according to the latest market data from a Crisil Intelligence report.

The report also mentioned that "the benchmark G-sec yield would likely be in the 6.93-7.03% range through the three-month horizon."

The domestic debt market received notable structural updates during this period, which modified the operating landscape for overseas capital. According to the Crisil Intelligence report, the market dynamics shifted as "the Reserve Bank of India's (RBI) decision to hold repo rate at 5.25%, with a neutral stance, alongside expanding the fully ...