Business Daily from THE HINDU group of publications Saturday, Jul 07, 2007 ePaper |
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Money & Banking
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Govt Bonds Bond prices stay firm
Mumbai, July 6 Bond yields were almost unchanged on Friday on concerns the central bank may take steps to drain away the excess cash from the system. The yield on the 10-year paper ended at 8.007 per cent against the previous close of 8.01 per cent. The total traded volumes on the order matching system were at Rs 7,330 crore (Rs 10,380 crore). The 7.49 per cent 10-year-2017 paper opened at Rs 96.40 (8.03 per cent YTM) and closed at Rs 96.52 (8.007 per cent YTM) against the previous close of Rs 96.53 (8.01 per cent YTM). The 8.33 per cent 2036 paper opened at Rs 99.60 (8.37 per cent YTM) and closed at Rs 99 (8.42 per cent YTM) against the previous close of Rs 99.55 (8.37 per cent YTM). — Our Bureau
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