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Bond yields trade marginally lower on Wednesday

12 Nov 2025 Evaluate

Bond yields traded marginally lower on Wednesday despite net direct tax collection, which include personal income tax and corporate tax, recorded a 7 per cent growth year-on-year at over Rs 12.92 lakh crore till November 10 this fiscal year, on higher corporate tax mop-up and slower refunds.

In the global market, oil prices gained on Tuesday on the impact of the latest U.S. sanctions on Russian oil and the optimism over a potential end to the U.S. government shutdown, although oversupply concerns limited gains.

Back home, the yields on new 10 year Government Stock were trading 2 basis points lower at 6.47% from its previous close of 6.49% on Tuesday.  

The benchmark five-year interest rates were trading flat with its previous close of 6.15% on Tuesday.

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