• 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. 22

Bond prices edged up on improved liquidity. The total traded volume on the order-matching system stood at Rs 6,470 crore (Rs 8,515 crore). Dealers said bond prices were initially range-bound but began moving up as there were reverse-repo (banks placing surplus cash with the RBI) bids worth Rs 23,560 crore (Rs12,075 crore on Tuesday) under the liquidity adjustment facility. With signs of improved liquidity, trades in short-dated securities increased, said a dealer at a private bank.

There could be some profit-booking on Thursday ahead of the Rs 5,000-crore auction on Friday, added the dealer. The 7.59-10 year-2016 paper opened at Rs 100.75 (7.47 per cent YTM) and closed at Rs 100.85 (7.46 per cent YTM), against Tuesday's Rs 100.76 (7.47 per cent YTM). The 9.39 per cent - five-year-2011 paper opened at Rs 107.84 (7.35 per cent YTM) and closed at Rs 108 (7.31 per cent YTM). The 8.07-11 year-2017 paper opened at Rs 104.57 (7.42 per cent YTM) and closed at Rs 104.58 (7.42 per cent YTM), against Tuesday's Rs 104.54 (7.42 per cent YTM).

More Stories on : Govt Bonds

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

Stories in this Section
6 States account for 50 pc of remittances

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