MUMBAI, June 28 (Reuters) - Trading bands for Indian
government bonds were relaxed for Friday's session after bond
prices rallied, tracking a sharp recovery in the Indian rupee
and a fall in swap rates.
The Fixed Income Money Market and Derivatives Association of
India (FIMMDA) in its web site said the new trading bands for
government bond yields would be 25 basis points, 17.5 bps and
12.5 bps across tenors.
The regular bands are 15 bps, 10 bps and 7.5 bps on normal
(Reporting by Subhadip Sircar; Editing by Rafael Nam)