11-yr yield seen between 8-8.15%: Ananth Narayan

All eyes today will be on RBI's monetary policy. I expect RBI to hike Repo and Reverse Repo by 25 bps, says Ananth Narayan, Standard Chartered Bank.

March 17, 2011 / 08:14 IST

Ananth Narayan, Standard Chartered Bank said that, "All eyes today will be on RBI's monetary policy. I expect RBI to hike Repo and Reverse Repo by 25 bps. Inflation has been consistently high. Liquidity is likely to remain tight into the next fiscal and next year's borrowing program maybe larger than budgeted. On the positive side for bonds, there is considerable global uncertainty about growth given the events in Japan. The range for the 11-yr yield is seen between 8-8.15%."

first published: Mar 17, 2011 08:12 am

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