Indian 10-year bond yield at 6.50%; debt auction cutoffs key
The Economic Timesยท2025-09-26 05:59
The 10-year benchmark yield was at 6.5038% as of 10:00 a.m. IST, after closing at 6.4972% on Thursday. New Delhi is set to sell 15-and-40-year bonds worth 160 billion rupees ($1.8 billion) each later in the day, the final auction of the first half of the fiscal year. "Today's auction papers are such that the cutoffs could make or break the market, and hence they are important before the second half schedule" trader at a state-run bank said. The government's October-March debt supply calendar is due after m ...