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Our Bureau

Mumbai, Jan. 24

Bond prices have dropped by almost seven paise (yields rose one basis point) as oil prices went up to $55 per barrel. Total traded volumes on the order matching system were at Rs 2,875 crore (Rs 2,620 crore).

The 8.07-10 year-2017 benchmark paper opened at Rs 101.05 (7.91 per cent YTM) and closed at Rs 101.30 (7.87 per cent YTM) against Tuesday's Rs 101.37 (7.86 per cent YTM). The 7.59 per cent-9 year-2016 paper opened at Rs 98.15 (7.87 per cent YTM) and closed at Rs 98.29 (7.85 per cent YTM) against Rs 98.60 (7.8 per cent) on Tuesday.

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