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Our Bureau

Mumbai , Oct. 27

Bond prices rose 20 paise reacting to the release of the inflation data. A few long-dated securities moved up by as much as 30 paise. The total traded volume on the order matching system was Rs 2,750 crore (Rs 2,345 crore).

Dealers said inflation, which inched up to 5.26 per cent for the week ended October 14, was not significantly higher than expected. They presume that the RBI may leave interest rates unchanged on October 31.

The US 10-year yield has eased to 4.7 per cent (4.76). "Foreign banks were aggressively buying in the bond market. Since liquidity has also improved in the system, it has added to the positive sentiment in the bond market," said a dealer at a private bank. The 7.59 per cent-10 year-2016 paper opened at Rs 99.79 (7.62 per cent YTM) and closed at Rs 99.87 (7.61 per cent YTM) against Rs 99.70 (7.63 per cent YTM) on Thursday. The 8.07 per cent-11 year-2017 paper opened at Rs 102.95 (7.64 per cent YTM) and closed at Rs 102.98 (7.64 per cent YTM).

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