Bond yields flat

Dec 07 2012, 00:48 IST
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SummaryGovernment bond yields were flat on Thursday ahead of the government debt sale, with dealers awaiting cues from inflation numbers and the central bank’s rate decision later in the month.

Government bond yields were flat on Thursday ahead of the government debt sale, with dealers awaiting cues from inflation numbers and the central bank’s rate decision later in the month. The benchmark 10-year bond yield ended unchanged at 8.17%, a closing level for four successive sessions. It traded in a 8.17-8.18% band in the session. RBI bought R11,642 crore of bonds through OMOs on Tuesday, slightly lower than the scheduled Rs 12,000 crore.

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