Nuvama Fixed Income Advisory Report : Bond Vector August-05-2025

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Macro and Government Bond Commentary: Yields closed higher today • The 10Y benchmark (6.33 GS 2035) opened flat at 6.32%, as traders stayed cautious ahead of RBI MPC outcome to be announced tomorrow. • RBI SDL auction results: RBI offered 10Y SDLs at 6.87%, 15Y SDL at 7.22% and 30Y SDL at 7.15%.

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