• 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, Nov 9

Bond prices slid by almost 13 paise on profit booking by investors and tight liquidity on Thursday.Total traded volumes on the order matching system dropped sharply to Rs 3,510 crore (Rs 8,305 crore).

Liquidity is around Rs 7,000 crore (Rs 10,000 crore), adding to the bearish mood in the bond market, according to a dealer at a private bank. "The market expects the 10-year yield to move up to 7.65 levels on tight liquidity," he said.

The 7.59 per cent 10-year 2016 paper opened at Rs 100.02 (7.58 per cent YTM) and closed at Rs 99.88 (7.60 per cent YTM) against Rs 100.01 (7.58 per cent YTM) at the earlier close. The 8.07 per cent 11-year 2017 paper opened at Rs 103.44 (7.57 per cent YTM) and closed at Rs 103.36 (7.58 per cent YTM) against previous close of Rs 103.45 (7.57 per cent YTM).

More Stories on : Govt Bonds

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

Stories in this Section
Bancassurance in for polarisation, warns Aviva

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