You are here

India's 10-year bonds slide on central bank's plan to sell debt

Tuesday, July 14, 2015 - 05:50

Mumbai

INDIAN government bonds fell, pushing the 10-year yield up by the most in two weeks, on speculation a central bank plan to sell debt will damp demand for existing notes.

The Reserve Bank of India (RBI) will auction 100 billion rupees (S$2.1 billion) of sovereign securities