Government bond yields rose slightly on Friday as traders shed positions ahead of the Rs 15,000 crore bond auction later in the session, which includes the sale of a new 10-year benchmark bond.
The most actively traded 8.28% 2027 bond yield was trading up 2 basis points at 9.09%.
Meanwhile, the soon-to-be-unveiled new 10-year bond was up 2 bps at 8.77% in the when-issued segment on the electronic trading platform.
Traders expect the new 10-year bond's cut-off to be around 8.80-8.83%.
The existing benchmark 10-year bond yield is up 2 bps at 9.10%.
