Bond yields ease, auction papers as expected
Wednesday, 12 May 2010
MUMBAI, May 11 (Reuters): Bond yields were steady to lower Monday in low volumes as the auction papers announced for this week were in line with expectations and although there were worries about debt supplies in the shorter-end pushing up rates in that segment.
At 9:15 am, the yield on the most traded 8.20 per cent bond maturing in 2022 was at 7.92 per cent, from Monday's closing of 7.94 per cent.
The yield on the new 10-year bond, the 7.80 per cent maturing in 2020, was at 7.67 per cent, down one basis point.
At 9:15 am, the yield on the most traded 8.20 per cent bond maturing in 2022 was at 7.92 per cent, from Monday's closing of 7.94 per cent.
The yield on the new 10-year bond, the 7.80 per cent maturing in 2020, was at 7.67 per cent, down one basis point.