Government bonds gain after RBI announces open market operations - NDTV

NDTV | Updated On: October 01, 2013 11:20 (IST)

Government bonds gained on Tuesday with the central bank saying it will provide liquidity by buying debt via open market operations.

The 10-year benchmark bond yield was down 6 basis points at 8.71 percent. It fell to 8.68 percent in early trades.

Post-trading hours on Monday, the RBI said it would buy up to 100 billion rupees of bonds via open market operations on October 7.

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