Wednesday, December 12, 2012

Bond yields rise on RBI's choice of OMO papers


MUMBAI: Benchmark central bond yields rose on Tuesday after the Reserve Bank of India bought less of the papers traders wanted to offload via open market operations. The RBI bought Rs 11603 crore of government bonds as against Rs 12000 crore scheduled. But dealers said the low acceptance of the 8.33 per cent 2026 and 8.07 per cent 2017 July bond, both well-traded papers, dented sentiment. .......


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