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RBI extends bond market trading by half hour - traders

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Reuters MUMBAI

MUMBAI (Reuters) - The Reserve Bank of India has extended bond market trading by half hour to 05:30 p.m. (1200 GMT) for Tuesday, four traders said.

There was no reason given for the extension traders said, although the dealers attributed the reason to a delay in announcing the full results of the state loan auction conducted earlier in the day.

The benchmark 10-year bond yield was trading at 7.77 percent by 1140 GMT, down 4 basis points on the day.

(Reporting by Swati Bhat and Neha Dasgupta; Editing by Anand Basu)

 

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First Published: Jan 13 2015 | 5:24 PM IST

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