Bloomberg News

India’s 10-Year Bonds Decline for First Time in Three Days

October 19, 2011

Oct. 19 (Bloomberg) -- India’s 10-year bonds declined for the first time in three days before a monetary policy review next week.

The yield on the 7.8 percent note due April 2021 rose two basis points to 8.77 percent as of 9:05 a.m. in Mumbai, according to the central bank’s trading system.

To contact the editor responsible for this story: V Ramakrishnan at rvenkatarama@bloomberg.net


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