Bonds up on value buying
Reuters: Mumbai, Feb 07 2013, 01:39 IST
Government bond yields eased on Wednesday for a second consecutive session as investors continued to buy bonds cheaply after a recent sell-off, but an upcoming debt sale on Friday prevented heavy buying.
The benchmark 10-year bond yields closed at 7.91%, down 1 basis point (bp) from its previous close. Total volume on the central bank’s electronic trading platform were at a moderate $6 billion.
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