Reuters logo
MARKET EYE-Indian bond yields fall on absence of supply
January 22, 2013 / 7:34 AM / 5 years ago

MARKET EYE-Indian bond yields fall on absence of supply

* India's benchmark 10-year bond yield is lower
2 basis points at 7.84 percent on the absence of fresh supply
this week.
* Traders are keenly awaiting comments from Finance Minister P.
Chidambaram who is speaking at an investor conference in Hong
Kong.
* Investors are also positioning for the upcoming RBI review on
Jan. 29, in which 30 of 40 economists expect a 25 bps reduction
in the repo rate on the back of slowing inflation and weak
economic activity, a Reuters poll showed. 
* The bond yield has so far moved in a range of 7.83 to 7.87
percent.   

 (archana.narayanan@thomsonreuters.com; +91-22-61807244; Reuters
Messaging: archana.narayanan.thomsonreuters.com@reuters.net)

Our Standards:The Thomson Reuters Trust Principles.
0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below