MUMBAI: India's federal bond yields were little changed, as most traders stayed on the sidelines ahead of the 140-billion-rupee ($2.64 billion) debt auction and the debt buy back slated later today.
The 10-year benchmark bond yield was higher by 1 basis point at 8.34 percent.
The government will sell 140 billion rupees of debt while the Reserve Bank of India would buy back 120 billion rupees of bonds on Friday.
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