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Indian FX/debt factors to watch - Oct 11

GLOBAL MARKETS ROUNDUP

* Asian shares tracked Wall Street lower on Thursday as weak forecasts from U.S. corporate bellwethers underscored concern over global demand, particularly from China, and kept oil and other commodity prices under pressure.

* The euro and the Australian dollar fell on Thursday as a drop in global shares dented investor risk appetite, with worries about global economic slowdown and uncertainty over Spain's bailout prospects continuing to haunt sentiment.

* Oil prices fell in volatile trade on Wednesday as ongoing concerns about the economy and a weak kick off to the earnings season weighed on stock markets.

* U.S. Treasury prices were firm in Asia on Thursday after they rallied following a solid 10-year bond auction the previous day, as uncertainty over the global economic outlook pushed Wall Street shares to one-month lows.

LOCAL MARKETS CLOSE ON OCT. 10

* BSE index 18,631.10 points (-0.86 pct) * NSE index 5,652.15 points (-0.92 pct) * Rupee

53.0450/0550 per dollar (52.72/73)

* 10-year bond yield 8.16 pct (8.14 pct) * 5-year OIS rate 6.97 pct (6.96 pct) * 1-year OIS rate 7.60 pct (7.57 pct) * Call money

8.05/8.10 pct (8.00/8.05 pct)

KEY EVENTS TO WATCH

* Reserve Bank of India Deputy Governor Anand Sinha will speak on "macroprudential policy tools and frameworks - India experience" at an event organised by the Financial Stability Institute.

MAJOR DEALS/EXTERNAL COMMERCIAL BORROWINGS

* India's Sterlite Industries

plans to raise 5 billion rupees ($94.3 million) through a bond issue at 9.40 percent, a source with direct knowledge of the deal told Reuters on Wednesday.

* Syndicate Bank priced a $500 million 5.5-year Reg S deal through its own curve and managed to achieve the tightest spread among Indian commercial banks this year as the deal received a tailwind from the latest set of reform measures announced by the government. The deal was priced at 355 basis points (bp) over US Treasuries, 25 bp tighter than its initial price talk of 380 bp over Treasuries. The bank is rated Baa2/BBB- by Moody's/S&P. (IFR)

USD/INR NDFs (NY closing prices)

* For up-to-date prices, double click

Close Open High Low Volume 53.30-35 53.23 53.37 53.15 High

FII INVESTMENTS-EQUITIES (Net dollars)

Oct. 10* $76.90 mln# Month-to-date** $1.73 bln Year-to-date** $17.58 bln

* Provisional NSE data

** Source: Data as per custodial filing as on Oct. 10 on SEBI website.

#(As per Reuters conversion, $1 = 53 rupees)

FII INVESTMENTS-DEBT (Net Dollars)

* Debt Oct. 9 $59.52 mln Month-to-date $278.27 mln Year-to-date $5.08 bln

* Source: Data as per custodial filing as on Oct. 10 on SEBI website.

GOVERNMENT SECURITIES TRADING (Net buy/sell, in rupees)

Oct. 10 Foreign Banks -13.85 bln Public Sector Banks 27.58 bln Private Sector Banks -2.86 bln Mutual Funds 7.10 bln Others 5.94 bln Primary Dealers -23.92 bln

Source: Clearing Corp of India Ltd

WEEKLY GOVERNMENT BOND AUCTIONS (In rupees) MATURITIES DATE AMOUNT Bonds Oct. 12 130 bln INFLOWS SDL 09.17%, 2022 Interest Oct 11 618.98 (2 States) S09.20%, 2022 Interest Oct 11 690.00 (ANDHRA PRADESH) 7.83% 2018 Interest Oct 11 25056.00 7.80% 2021 Interest Oct 11 26520.00 91 days T-Bill Redemption Oct 12 112410.00 182 days T-Bill Redemption Oct 12 50000.00 SDL 05.85%, 2015 Interest Oct 13 1594.87 (27 States) SDL 08.39%, 2020 Interest Oct 13 209.75 (WEST BENGAL) SDL 08.56%, 2020 Interest Oct 13 342.40 (PUNJAB) SDL 08.57%, 2020 Interest Oct 13 1071.25 (2 States) SDL 08.58%, 2020 Interest Oct 13 1072.50 (2 States) For detailed table, see: LIQUIDITY, as of Oct. 10

* The Reserve Bank of India (RBI) on Wednesday accepted all 25 bids for 633.25 billion rupees ($11.97 billion) at its one-day repo auction, through which it injects liquidity into the banking system. It said it did not get any bids at its reverse repo auction, through which it absorbs excess liquidity from the banking system.

* Indian banks' refinancing with RBI rises to 155.82 billion rupees.

* Indian banks' cash balances with RBI rise to 2.69 trillion rupees.

(Compiled by Swati Bhat)

(swati.bhat@thomsonreuters.com; +91-22-61807353; Reuters Messaging: swati.bhat.thomsonreuters.com@reuters.net)

Keywords: MARKETS INDIA FX DEBT/PREOPENER