Bloomberg News

India 10-Year Bonds Drop on Speculation Debt Sales Will Increase

December 29, 2011

Dec. 30 (Bloomberg) -- India’s 10-year bonds declined for a third day on speculation the government will increase its annual borrowing program from a record.

The yield on the 8.79 percent note due November 2021 rose two basis points to 8.57 percent as of 9:06 a.m. in Mumbai, according to the central bank’s trading system.

To contact the reporter on this story: Jeanette Rodrigues in Mumbai at jrodrigues26@bloomberg.net

To contact the editor responsible for this story: Anil Varma at avarma3@bloomberg.net


Race, Class, and the Future of Ferguson
LIMITED-TIME OFFER SUBSCRIBE NOW

(enter your email)
(enter up to 5 email addresses, separated by commas)

Max 250 characters

 
blog comments powered by Disqus