Bond yields traded lower on Wednesday as the government’s total liabilities rose to Rs 125.71 lakh crore in the September quarter from Rs 120.91 lakh crore in the three months ended June, according to the latest public debt management report. The increase reflects a quarter-on-quarter increase of 3.97 per cent in the July-September period of 2021-22.
In the global market, U.S. Treasury yields inched higher on Tuesday as omicron developments remained in focus for investors.
Back home, the yields on new 10 year Government Stock were trading 1 basis point lower at 6.46% from its previous close of 6.47% on Tuesday.
The benchmark five-year interest rates were trading 1 basis point lower at 5.86% from its previous close of 5.87% on Tuesday.
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