Indian bond yields at 2-wk low; tbill results eyed

MUMBAI, Nov 18 (Reuters) - Indian federal bond yields eased to two-week lows on Wednesday on buying support from the absence of a bond auction next week.

* At 1:31 p.m., the yield on the 10-year benchmark bond IN069019G=CC was at 7.26 percent after falling as low as 7.24 percent which is its lowest since Nov. 5. It had ended at 7.28 percent on Tuesday.

* Traders said they were also awaiting the results of the 70 billion rupees bond auction later in the day, ahead of Friday's 100 billion rupees bond auction.

* In interest rate futures on the National Stock Exchange (NSE), the December contract N10Z9 was implying an yield of 7.9838 percent, below its previous close of 7.9900 percent.

* The yield implied in the March contract N10H0 was at 8.2704 percent, up from its previous close of 8.1445 percent. (Reporting by Neha D'silva; Editing by Harish Nambiar)