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India's 10-year bonds slide on central bank's plan to sell debt
Add BT as a preferred sourcePublished Mon, Jul 13, 2015 · 09:50 PM
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 via open-market operations on July 14, it said in a statement after the close of markets on Friday.
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