(Bloomberg) -- India's 10-year bonds headed for the
second week of losses as the government today prepared to sell
debt at the fourth auction in five days.
The government today will sell 60 billion rupees ($1.5
billion) of the 7.49 percent notes due April 2017 as part of its
annual borrowing program. It raised as much as 160 billion rupees
earlier this week to partly pay for the purchase of a stake in
State Bank of India, the country's biggest commercial lender.
Read more at Bloomberg Bonds News
second week of losses as the government today prepared to sell
debt at the fourth auction in five days.
The government today will sell 60 billion rupees ($1.5
billion) of the 7.49 percent notes due April 2017 as part of its
annual borrowing program. It raised as much as 160 billion rupees
earlier this week to partly pay for the purchase of a stake in
State Bank of India, the country's biggest commercial lender.
Read more at Bloomberg Bonds News
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