10-year yield seen between 6.95-7.05%: ING Vysya Bank

Published on Wed, Apr 08, 2009 at 08:57 |  Source : CNBC-TV18

Updated at Wed, Apr 08, 2009 at 08:59  

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According to RK Gurumurthi, ING Vysya Bank, the bonds are likely to be lackluster. Monday's Liquidity Adjustment Facility (LAF) surplus of Rs 1.3 lakh crore is a huge positive for short tenor bonds. The 10-year yield is seen between 6.95-7.05% today.

Also read: Rupee ends higher, bonds lower

  

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