Nuvama Fixed Income Advisory Report : Bond Vector August-19-2025

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Macro and Government Bond Commentary: Yields closed higher today • The 10Y benchmark (6.33 GS 2035) opened flat at 6.50% in absence of fresh cues. • RBI SDL auction results: RBI offered 10Y SDLs at 7.09%, 15Y SDL at 7.39% and 30Y SDL at 7.44%.

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