Bond dealers say the central bank has singled out the 10-year bonds as marquee rate setting bonds and is trying to put out a forceful rate signal
Bond yield drop may make it tough for EPFO to keep interest rate at 8.5%
This is the third straight auction of 10-year bonds that has devolved, leaving the market perplexed
The central bank may be trying to increase the attraction of sovereign debt by letting yields rise, according to PNB Gilts Ltd
Bond dealers say such quick benchmark setting can create some confusion in the markets on rate setting
This is the first time since July 2009 that a benchmark 10-year bond has been issued at below seven per cent coupon rate