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Wednesday, Mar 22, 2006
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 Money & Banking - Govt Bonds


Securities rule firm

Our Bureau

Mumbai, March 21

The bond market was positive today after the sudden gain on Monday. Volumes also improved as there were trading interest, said dealers. The market is hoping that government will increase spending, said a dealer with a private bank. The 8.07 per cent-11-year 2017 paper opened at Rs 105.08 (7.38 per cent YTM), touched a high of Rs 105.23 and closed at the same level as the open, up from Monday's close of Rs 105.04 (7.38 per cent YTM).

The 9.39 per cent-5-year-2011 paper opened at Rs 109.48 (7.19 per cent YTM), touched a high of Rs 109.6 and closed at Rs 109.44 (7.2 per cent YTM), up from the previous close of Rs 109.4 (7.21 per cent YTM).

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