Nuvama Fixed Income Advisory Report : Bond Vector September-30-2025

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Macro and Government Bond Commentary: Yields closed higher • On Tuesday, the 10Y benchmark (6.33 GS 2035) opened steady at 6.55%. • The SDL auction amounting INR 341 Bn was conducted and RBI offered 10Y SDLs at 7.27% and 30Y SDL at 7.44%.

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