Bond yields edged higher on Wednesday, on account of lower demand from corporates and banks.
Furthermore, oil prices on Wednesday remained near two-and-a-half year highs from the previous session as the market outlook for 2018 is relatively tight, although the gradual resumption of flows through a major North Sea pipeline prevented crude from rising.
Back home, the yields on new 10 year Government Stock were trading 1 basis point higher at 7.29% from its previous close of 7.28% on Tuesday.
The benchmark five-year interest rates were trading 3 basis points higher at 7.12% from its previous close of 7.09% on Tuesday.