The 7.17 percent 10-year benchmark bond maturing in 2028 eased to Rs 97.1850 from Rs 97.25, while its yield inched up to 7.58 percent from 7.56 percent.
Extending gains for the 3rd straight session, the rupee advanced by 18 paise to close at 63.91 per dollar on sustained selling of the US currency by exporters and banks.
The 7.17 percent government security maturing in 2028 climbed to Rs 97.77 from Rs 97.74 previously, while, its yield softened to 7.49 percent from 7.50 percent.
Persistent rise in bond yields is likely to shave Rs 30,500 cr from the banks' balance-sheets in the current financial year, warns a report.
The 7.17 percent 10-year benchmark bond maturing in 2028 declined to Rs 97.74 from Rs 97.78 previously, while its yield inched up to 7.50 percent from 7.49 percent.
The rupee fell 14 paise against the greenback to end at a near two-month low of 64.40 on bouts of dollar demand from importers and banks.
The 6.68 percent 10-year benchmark bond maturing in 2031 fell to Rs 91.02 from Rs 91.35, while its yield moved up to 7.76 percent from 7.72 percent.
Moody's has revised the outlook on two Indian public sector lenders, the Indian Overseas Bank (IOB) and Central Bank of India (CBI), from "stable" to "positive".
The 6.68 percent government security maturing in 2031 rose to Rs 91.35 from Rs 90.7150, while, its yield moved down to 7.72 percent from 7.80 percent.
Leading stock exchange BSE will auction investment limits, enabling foreign investors to purchase corporate bond securities worth over Rs 7,000 crore tomorrow.
US dollar ends higher against rupee
Mumbai: The US dollar ended sharply higher against the rupee at 64.21/22 per dollar and the pound sterling also finished higher at Rs 90.34/36 per pound at the close of the Interbank Foreign Exchange (forex) market here today.
Following are the Interbank forex and RBI rates: (In Rs per unit) Unit Interbank RBI Reference US Dollar 64.21/22 US Dollar Rs 63.9097 Pound Sterling 90.34/36 Euro Rs 80.1683 Euro 80.18/20 Japanese Yen (100) 60.50/52
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