Benchmark bond yield hits 9%, highest since Nov 2011
Quotes

Benchmark bond yield hits 9%, highest since Nov 2011

Last Updated: Monday, August 19, 2013, 12:55
 
 Comment 0
 
Benchmark bond yield hits 9%, highest since Nov 2011
Mumbai: India's benchmark 10-year government bond yield rose to 9 percent on Monday afternoon as the rupee continued to make a series of record lows as the government's measures were seen as inadequate to halt the free-fall in the currency.

The benchmark 10-year bond yield was trading at 9 percent, up 12 basis points on the day at 12:32 p.m., its highest level since November 15, 2011.

The partially convertible rupee was trading at 62.61/62 per dollar, after hitting a record low of 62.6250.

Reuters




First Published: Monday, August 19, 2013, 12:55


Comments


comments powered by Disqus
Renault Kwid
Renault Kwid
Tata GenX Nano
Tata GenX Nano
2015 Indian Roadmaster
2015 Indian Roadmaster
Forbes 2015 Rich List
Forbes 2015 Rich List
Audi TT Coupé
Audi TT Coupé

Web Wrap
Contact Us : Privacy Policy : Legal Disclaimer
Copyright © Zee Media Corporation Ltd. All rights reserved