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Fixed Income And Currency Market

5 Oct 2019

New 10 year G-sec Yield to Fall Sharply on Risk Aversion

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The cut off in the auction of a new 10 year benchmark government bond came in at 6.45% and the bond yield trended up by 1bps post cut off to close at 6.46%. The old 10 year benchmark bond, the 7.46% 2029 bond saw yields close at 6.66%, 20bps spread to the 6.45% 2029 bond.

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Arjun Parthasarathy
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