Bond yields traded higher on Friday as foreign direct investment (FDI) equity inflows into India grew 21 per cent to USD 35.33 billion during April-October period of the current financial year. In the year-ago period, FDI equity inflows stood at USD 29.31 billion, as per the data of the Department for Promotion of Industry and Internal Trade (DPIIT).
The yields on new 10 year Government Stock were trading 1 basis point higher at 5.90% from its previous close of 5.89% on Thursday.
The benchmark five-year interest rates were trading 1 basis point higher at 5.10% from its previous close of 5.09% on Thursday.