Bond market likely to remain biddish: Mohan Shenoi

The bond market is likely to remain biddish on the hopes of further OMO next week, ahead of advance tax outflows and RBI's mid-quarter review, says Mohan Shenoi, Kotak Mahindra Bank.

December 06, 2012 / 08:40 IST

Mohan Shenoi, Kotak Mahindra Bank said, "The bond market is likely to remain biddish on the hopes of further OMO (open market operation) next week, ahead of advance tax outflows and RBI's mid-quarter review. Ahead of the auction tomorrow, the 10-year yield is likely to trade between 8.16-8.18%."

first published: Dec 6, 2012 08:34 am

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