RBI Kicks Off 10-Year Bond Re-auction, Yield Expected to Hover Around 6.55%

The RBI's re-auction of 10-year bonds is underway. Yields are expected to remain stable, but traders warn of potential selling pressure ahead of a fresh auction next week.

, and Administrator

2025 October 8 . 12:05 AM

1 min read

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RBI Kicks Off 10-Year Bond Re-auction, Yield Expected to Hover Around 6.55%

The Reserve Bank of India (RBI) has initiated a re-auction of 10-year government securities today, Friday. The new bond's yield is anticipated to hover between 6.52% and 6.58%.

The upcoming RBI monetary policy decision and quarter-end buying are anticipated to cap yield increases. However, traders caution that India's 10-year benchmark bond may face selling pressure on Tuesday, ahead of a fresh 10-year paper auction scheduled for Friday. This new auction aims to raise a substantial 320 billion rupees.

The re-auction of 10-year government securities is underway, with yields expected to remain within the specified range. The market awaits the RBI's monetary policy decision and the outcome of the upcoming auction.