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SNAPSHOT-India stocks, bonds, rupee, swaps, call at 0659 GMT

Wednesday, 10 Oct 2012 | 3:14 AM ET

STOCKS -----------------------

The BSE index fell 0.58 percent and the 50-share NSE index also declined 0.64 percent after S&P warned about a possible downgrade in India's credit rating, reiterating its June stance if growth prospects and external position worsen, or fiscal reforms slow.

GOVERNMENT BONDS

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India's benchmark 10-year bond yield

up 2 basis points at 8.16 percent from Tuesday's close on S&P report. RUPEE --------------

USD/INR at 53.09/10 versus its previous close of 52.72/73, after S&P warns of a "significant chance" that political, economic, fiscal or external factors could eventually lower the credit rating on India downgrade.

INTEREST RATE SWAPS

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India's benchmark 5-year OIS up 1 bp at 6.97 percent. The 1-year rate up 3 bp at 7.60 percent.

CALL MONEY --------------------

India's one-day cash rate was steady at 8.05-8.10 percent.

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Reuters MIOR/MIBOR NSE MIBID/MIBOR

Reuters Corporate Bond Yield/Spread

For Reuters Benchmarks

South Asia markets technicals - (

) (Compiled by Manoj Dharra)

((swati.bhat@thomsonreuters.com)(+91-22-61807353)(Reuters

Messaging: swati.bhat.thomsonreuters.com@reuters.net))

Keywords: INDIA SNAPSHOT/