• Investment World
• eWorld
• Brand Line
• Mentor
• Life
• Canvas
• Praxis
• Urban Pulse
• Brand Quest
• The New Manager

Stocks

• Quotes
• SE Diary
• Scoreboard
• Open-End Mutual Fund

Cross Currency

• Rates
  
  

Shipping

• Ports
  
  

Archives

• Yesterday
• Datewise
• Resources
• In Focus
• In Depth

Group Sites

• The Hindu
• Business Line
• Sportstar
• Frontline
• The Hindu eBooks
• The Hindu Images

Our Bureau

Mumbai, June 5

Prices moved up slightly in the bond market on Wednesday, but traded volumes continued to be low at Rs 230 crore on the order-matching system.The ample liquidity in the system prompted some buying in the market. However, sentiment was dull, said dealers. Traders said that market participants are awaiting a cue from the central bank to resume buying in the market. "The 10-year yields have hardened to 8.14 per cent and although this is an attractive level for long-term institutional players, there is little trading interest," said a dealer. According to market participants, the soaring price of global crude and the rise in domestic inflation figures could spur the central bank to take remedial action and hike interest rates.The 7.37 per cent 8-year 2014 paper opened at Rs 96.11 (8.05 per cent YTM) and closed at Rs 96.15 (8.04 per cent YTM).The 7.94 per cent 15-year 2021 paper opened at Rs 95.25 (8.51 per cent YTM) and ended at Rs 95.30 (8.50 per cent YTM).

More Stories on : Debt Market

Article E-Mail :: Comment :: Syndication :: Printer Friendly Page

Stories in this Section
PDs allowed to invest in shares

Copyright © 2006, The Hindu Business Line. Republication or redissemination of the contents of this screen are expressly prohibited without the written consent of The Hindu Business Line