7.80% 2010 to remain in range of 8.10-8.13%: Prabhu

With 96% of government borrowing completed, the supply through auctions for the rest of CY11 will be less than Rs 20,000 cr. However, liquidity continues to be under pressure. The benchmark 7.80% 2010 is expected to be in the range of 8.10%-8.13%, says Suresh Prabhu, Money Market Expert.

February 21, 2011 / 08:01 IST

Suresh Prabhu, Money Market Expert said that, "With 96% of government borrowing completed, the supply through auctions for the rest of CY11 will be less than Rs 20,000 cr. However, liquidity continues to be under pressure. The benchmark 7.80% 2010 is expected to be in the range of 8.10%-8.13%."

first published: Feb 21, 2011 07:59 am

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