Business Daily from THE HINDU group of publications Thursday, Oct 12, 2006 ePaper |
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Money & Banking
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Govt Bonds Bond prices fall Our Bureau
Dealers said that prices dropped tracking the rise in the yields of US T-Bills. "The consumer price index is also seen rising, marking a bearish trend in the bonds market," said a dealer at a private bank. The 7.59 per cent 10-year 2016 benchmark paper opened at Rs 99.79 (7.62 per cent YTM) and closed at Rs 99.74 (7.63 per cent YTM). The 9.39 per cent five-year 2011 paper opened at Rs 107.60 (7.44 per cent YTM) and closed at Rs 107.64 (7.43 per cent YTM) against Tuesday's Rs 107.72 (7.42 per cent YTM).
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