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Our Bureau

Mumbai, May 3

Bond prices rose by 15 paise and yields fell by around two basis points on Thursday as market players expect lower inflation numbers this week. "Traders were not taking any major positions in the market. Volumes were also low," said a dealer at a private bank. Volumes on the NDS-order matching system were at Rs 1,380 crore (Rs 1,554 crore).

The 8.07 per cent-10 year-2017 paper opened at Rs 99.40 (8.16 per cent YTM) and closed at Rs 99.46 (8.15 per cent YTM) against Rs 99.32 (8.17 per cent YTM) on Monday. The 7.38 per cent-8 year 2015 paper opened at Rs 95.35 (8.16 per cent YTM) and closed at Rs 95.38 (8.15 per cent YTM) against Monday's Rs 95.3 (8.17 per cent YTM).

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