Indian bond yields up; auction results eyed

MUMBAI, Nov 6 (Reuters) - Indian federal bond yields edged up at on Friday as traders awaited the 90 billion rupees bond auction results for further direction.

* At 1:55 p.m., the yield on the Indian 10-year benchmark bond IN069019G=CC was at 7.31 percent, above Thursday's closing of 7.29 percent.

* According to a Reuters poll, the central bank may set the cut-off yield for the 2014 bond at 7.14 percent, 2020 bond at 7.81 percent and 2034 bond at 8.38 percent. [ID:nBOM92961]

* Yields rose earlier after the central bank said after market hours on Thursday that it would auction 41.06 billion rupees of state loans on Nov. 10.

* In interest-rate futures on the National Stock Exchange (NSE), the December contract N10Z9 was implying an yield of 8.0169 percent, above its 7.9635 percent previous close.

* The yield implied in the March contract N10H0 was 8.2901 percent, below its previous close of 8.3567 percent. (Reporting by Neha D'silva; Editing by Sunil Nair)