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Aug 02, 2012, 08.23 AM IST

10-year yield seen between 8.22-8.25%: Mohan Shenoi

Unexpected reduction in SLR by the RBI has made the bond market cautious, says Mohan Shenoi, Kotak Mahindra Bank.

Mohan Shenoi, Treasurer ,Kotak Mahindra Bank

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Mohan Shenoi, Kotak Mahindra Bank said, "Unexpected reduction in SLR by the RBI has made the bond market cautious. Further price action will depend on the response to the auction tomorrow. The range for the 10-year yield is seen between 8.22-8.25%."

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Tags: Mohan Shenoi, Kotak Mahindra Bank, SLR, RBI, bond, auction, yield
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