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10-year yield seen between 6.95-7.05%: ING Vysya Bank

April 8th, 2009

According to RK Gurumurthi, ING Vysya Bank, the bonds are likely to be lackluster. Monday’s Liquidity Adjustment Facility (LAF) surplus of Rs 1.3 lakh crore is a huge positive for short tenor bonds. The 10-year yield is seen between 6.95-7.05% today.

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