|Chennai||Rs. 27770.00 (-0.14%)|
|Mumbai||Rs. 29200.00 (2.31%)|
|Delhi||Rs. 27900.00 (-0.36%)|
|Kolkata||Rs. 28270.00 (1%)|
|Kerala||Rs. 27050.00 (-0.37%)|
|Bangalore||Rs. 27550.00 (1.66%)|
|Hyderabad||Rs. 27770.00 (-0.14%)|
India's benchmark 10-year bond yields fell as much as 7 basis points to a five-and-a-half month low on Monday, on quarter-end buying and as the government's move to sell more Treasury bills was seen as reducing the need to sell longer-dated paper.
The government will sell 1.4 trillion rupees ($25.5 billion) of treasury bills between January and March, it said on Friday. Dealers estimate that would translate into a net issuance of around 160 billion rupees T-bills next quarter.
The 10-year benchmark bond yield was at 8.06 percent, down 5 basis point from Friday's close. It fell to 8.04 percent in trade, a level last seen in mid-July.