July 12 (Reuters) – Indian bond yields fell and the rupee weakened after industrial production in May rose just 11.5 percent, much below a consensus view of a 16 percent rise. [ID:nDEL003118]
At 11:07 a.m. (0537 GMT), the yield on the benchmark 10-year bond IN078020G=CC was down 2 basis point at 7.61 percent from before the data. It had closed at 7.65 percent on Friday.
The partially convertible rupee INR=IN was at 46.70/71 per dollar, weaker than 46.66/67 beforehand. (Reporting by Swati Bhat and Neha D’silva)