8.13% 2022 bond to trade at 8.21%: Mohan Shenoi

The auction of government paper scheduled for today is the second last auction for this fiscal as per the issuance calendar, says Mohan Shenoi, Kotak Mahindra Bank.

February 04, 2011 / 08:10 IST

Mohan Shenoi, Kotak Mahindra Bank said that, "The auction of government paper scheduled for today is the second last auction for this fiscal as per the issuance calendar. The auction stocks, which include 8.13% 2022, should get fully subscribed at 2-3 bps above current traded yields. The 8.13% 2022 bond is likely to trade about 2 bps higher at 8.21%."

first published: Feb 4, 2011 08:09 am

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