10-year yield seen between 7.80-7.90%: Vivek Rajpal

The current liquidity deficit in the banking system implies RBI may resort to OMO again in a few weeks, which will keep the yields on the lower side of the range, says Vivek Rajpal, Nomura.

February 12, 2013 / 08:44 IST

Vivek Rajpal, Nomura said, "The current liquidity deficit in the banking system implies RBI may resort to OMO (open market operation) again in a few weeks, which will keep the yields on the lower side of the range. IIP is likely to come in at 0.9% today. The range for the 10-year yield is seen between 7.80-7.90%."

first published: Feb 12, 2013 08:44 am

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