India corp bond yields flat on lack of fresh cues

MUMBAI, Nov 3 (Reuters) - Indian corporate bond yields were steady on Tuesday, amid a lack of cues after last week's monetary policy review, and as fresh primary bond issuances kept secondary volumes light.

The yield on the Reuters benchmark five-year corporate bond AAAIN5Y= ended at 8.48 percent, unchanged from Friday's close. The market was shut on Monday for a local holiday.

The spread between the five-year corporate and government bonds widened to 99.86 basis points from 90.83 basis points on Friday.

The 10-year benchmark bond yield IN069019G=CC closed at 7.23 percent, below 7.30 percent on Friday.

LIC Housing Finance's 7.80 percent bond maturing 2010 was the highest traded with a volume of 1.15 billion rupees on the NSE.

Total volume traded was 7.84 billion rupees, lower than Friday's 8.53 billion rupees, Thomson Reuters data showed.

This data is sourced from the Bombay Stock Exchange, National Stock Exchange and Fixed Income Money Market and Derivatives Association of India (FIMMDA). (Reporting by Jeanette Rodrigues; Editing by Sunil Nair)