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Our Bureau

Mumbai, June 20

The bond prices fell by about 10 paise and the yields went up by two basis points on Wednesday spurred by surplus cash in the system. "There is still enough liquidity in the system, the bond prices might fall another by another 20-30 paise," said a dealer with a private bank. The yield on the 10-year-paper ended at 8.24 per cent against the previous close of 8.22 per cent.

The total traded volumes on the order matching system were Rs 4,365 crore (Rs 4,085 crore). The 7.49 per cent 10-year-paper opened at Rs 95.20 (8.21 per cent YTM) and closed at Rs 94.98 (8.24 per cent YTM) against Tuesday's close of Rs 95.07 (8.23 per cent YTM). The 8.07 per cent 10-year-paper opened at Rs 99.56 (8.14 per cent YTM) and closed at Rs 99.45 (8.15 per cent YTM) against the previous close of Rs Rs 99.60 (8.13 per cent YTM).

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