MoneyWorks4Me

Bond yields trade flat with negative bias

26 Nov 2012 Evaluate

Bond yields were trading flat with negative bias on some position adjustment after the sell-off in recent sessions and hopes that the central bank will announce open market operations to help tide over the tight cash conditions.

On the global front, US Treasuries rose in Asian trading on Monday, as worries about a regional Spanish vote and the US fiscal cliff counterbalanced hopes that Greece will reach a deal to secure the funds it needs to stay afloat. Meanwhile, Brent crude held above $111 a barrel on Monday as hopes Greece can avoid a near-term bankruptcy brightened the outlook for oil demand from Europe, while violent protests in Egypt reignited supply concerns.

The yields on 10-year 8.79% - 2021 were trading 1 basis point lower at 8.22% from its previous close of 8.23% on Friday. 

The benchmark five-year interest rates were trading steady at its previous close of 8.05/10% on Friday.

The Reserve Bank of India has announced the auction of 364 and 91-day Government of India Treasury Bills for notified amount of Rs 5,000 crore each. The auction will be conducted on November 27, 2012 using 'Multiple Price Auction' method.

About MoneyWorks4Me

MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.

Our Vision

To become India’s most trusted, research-powered fiduciary advisory platform—where every investor, regardless of experience, can make calm, confident, and well-reasoned investment decisions.

What Makes MoneyWorks4Me Different

Our Approach: Ensuring compounding work its magic on client portfolio.

MoneyWorks4Me ensures this through: