Business Daily from THE HINDU group of publications
Friday, Jun 15, 2007
ePaper


News
Features
Stocks
Cross Currency
Shipping
Archives
Google

Group Sites

Money & Banking - Govt Bonds
Bond prices rise 40 paise

Our Bureau

Mumbai, June 14

The bond prices rose 40 paise and yields for the 10-year paper fell by about 6-7 basis points on Thursday. "The surplus liquidity in the system even after the outflow of cash through various auctions and the advanced tax outflows has made the banks wary and dampened their sentiments," said a dealer with a private bank. The total traded volumes on the order matching system were Rs 4,965 crore (Rs 3,685 crore).

The 7.49 per cent 10-year-2017 paper opened at Rs 94.12 (8.38 per cent YTM) and closed at Rs 94.38 (8.34 per cent YTM) against Wednesday's close of Rs 93.96 (8.4 per cent YTM). The 8.07 per cent 10-year-2017 paper opened at Rs 98.90 (8.24 per cent YTM) and closed at Rs 99.07 (8.21 per cent YTM) against the previous close of Rs 98.89 (8.24 per cent YTM).

More Stories on : Govt Bonds

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



Stories in this Section
IDBI raising $1.5 b thru medium term notes


Merrill Lynch invests $11 m in Copal Partners
Rupee gains against dollar
ULIPs in vogue thanks to equity investments
Cholamandalam MS expanding branch network in TN
Rising rupee: The causes and consequences
KBL targets Rs 500-cr agri credit
IFC offers $15-m funding for Granules
Bond prices rise 40 paise
ICICI Bank housing loan growth slows to 20%
Call rates remain steady
IRDA warns of stern action to check exam frauds
Corporation Bank MoU with ICRA
ICICI Bank issue: Sops to retail investors
Co-op bank begins SMS banking in Vizag
Public sector insurers firm on capital raising plan
New zonal DGM for Central Bank
ING Vysya's new savings scheme


The Hindu Group: Home | About Us | Copyright | Archives | Contacts | Subscription
Group Sites: The Hindu | The Hindu ePaper | Business Line | Business Line ePaper | Sportstar | Frontline | The Hindu eBooks | The Hindu Images | Home |

Copyright © 2007, 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