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

Our Bureau

Mumbai, Sept. 11

After a brisk start, bond prices got corrected on profit-booking. Prices moved in a band of 30 paise. The total traded volume on the order matching system was around Rs 4,265 crore.

Dealers said the higher than expected cut-off prices in the Rs 9,000-crore government securities auction sparked buying interest. The easing of crude oil prices also aided sentiment. "The 10-year-yield is likely to be between 7.70 per cent and 7.80 per cent in the next few days, advance tax outflows later in the month could tell on liquidity," said a dealer at a private bank. The 7.59 per cent-10 year-2016 paper opened at Rs 99.44 (7.67 per cent YTM) and closed at Rs 99.24, against Friday's Rs 99.32 (7.69 per cent YTM). The 8.07 per cent - 11 year-2017 paper opened at Rs 102.40 (7.73 per cent YTM) and closed at Rs 102.21 (7.75 per cent YTM).

More Stories on : Govt Bonds

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

Stories in this Section
Payment Corpn faces further delay

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