Bond Yields – 31st March 2024
The ZCYC yields are referred from CCIL (Clearing Corporation of India). CCIL provides exclusive clearing and settlement for transactions in Money, Government Securities and Foreign Exchange and they work with RBI to broaden and deepen the money, debt and forex markets in the country. The yields can be procured from here – https://www.ccilindia.com/web/ccil/zero-rates.
The ZCYC yields are annualized and rounded off to nearest two decimal places for setting the discount rate.