Mumbai: On Thursday, government bond prices are seen opening slightly up due to value buying after the sharp fall today.

Overnight indexed swap rates are likely to take cues from the movement of government bond yields and the overnight movement of US Treasury yields.

The one-day call money rate seen opening near the Reserve Bank of India’s Marginal Standing Facility rate on likely strong demand from banks to meet daily funding needs amid tight liquidity.

Money markets are shut Wednesday on account of Buddha Poornima.

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