The benchmark 10-year bond yield was steady at its previous close of 8.19 percent as market participants stayed on the sidelines ahead of the Rs 130 billion bond sale later in the day. Traders expect auction demand to be good following the unexpected drop in inflation in October to its slowest pace in eight months.
The 10-year bond is seen in a 8.18 to 8.20 percent band until the auction results.
The 10-year bond is seen in a 8.18 to 8.20 percent band until the auction results.
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