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MARKET EYE-Indian bond yields inch lower as OMO bets rise
November 8, 2012 / 10:37 AM / 5 years ago

MARKET EYE-Indian bond yields inch lower as OMO bets rise

* India's benchmark 10-year bond yield edges 1
basis point lower to 8.18 percent.
* Mild buying interest emerged as bets of an open market
operation by the central bank increased after the banks'
borrowing from the repo window rose to 796.20 billion rupees
compared with 665.20 billion rupees on Wednesday.
* Foreign bank dealers said bonds to take cues from auction
cutoffs on Friday when India will sell 130 billion rupees of
bonds.    

 (archana.narayanan@thomsonreuters.com;
archana.narayanan.thomsonreuters.com@reuters.net)

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