India corp bond yields ease tracking govt bonds

MUMBAI, Nov 19 (Reuters) - Indian corporate bond yields eased to their lowest in more than three and a half months on Thursday, tracking government bond yields which dipped on tapering supplies and ample cash in the banking system.

The yield on the Reuters benchmark five-year corporate bond AAAIN5Y= ended at 8.11 percent on Thursday, the lowest since July 30, and down from Wednesday's 8.15 percent.

The spread between the five-year corporate and government bonds widened slightly to 74.15 basis points from 72.13 basis points on Wednesday.

The yield on the 10-year benchmark bond IN069019G=CC ended at 7.25 percent, below Wednesday's closing of 7.26 percent. [IN/]

Total volume traded on Thursday was 15.36 billion rupees, lowerthan Wednesday's 17.31 billion rupees, Thomson Reuters data showed.

This data is sourced from the Bombay Stock Exchange, National Stock Exchange and Fixed Income Money Market and Derivatives Association of India (FIMMDA). (Reporting by Jeanette Rodrigues; Editing by Sunil Nair)