(Bloomberg) -- India's government bonds declined for a
second day on concern debt auctions today and tomorrow will leave
banks with less money to invest in the securities.
Benchmark 10-year bond yields climbed to the highest in more
than a week as the government prepared to sell 90 billion rupees
($2.2 billion) of debt today. Surplus funds in the financial
system may drop further tomorrow as the central bank sells two-
year debt and boosts a weekly treasury bill sale by 50 percent.
Read more at Bloomberg Bonds News
second day on concern debt auctions today and tomorrow will leave
banks with less money to invest in the securities.
Benchmark 10-year bond yields climbed to the highest in more
than a week as the government prepared to sell 90 billion rupees
($2.2 billion) of debt today. Surplus funds in the financial
system may drop further tomorrow as the central bank sells two-
year debt and boosts a weekly treasury bill sale by 50 percent.
Read more at Bloomberg Bonds News
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