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Money & Banking - Govt Bonds
Bond prices fall by 10 paise

Our Bureau

Mumbai, May 22

Bond prices fell on Tuesday by about 10 paise (yields went up by two basis points) on profit booking by investors. "Since the liquidity was comfortable and the call rates had also come down, market players feared announcement of an MSS auction by the RBI next week," said a dealer at a private bank. The volumes on the NDS-order matching system were at Rs 2,280 crore (Rs 5,160 crore).

The 8.07 per cent-10 year-2017 benchmark paper opened at Rs 99.82 (8.10 per cent YTM) and closed at Rs 99.73 (8.11 per cent YTM) against Rs 99.81 (8.09 per cent YTM) on Monday. The 7.49 per cent-10 year-2017 paper, which is currently most active, opened at Rs 95.70 (8.13 per cent YTM) and closed at Rs 95.56 (8.15 per cent YTM) against Monday's close of Rs 95.72 (8.12 per cent YTM).

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