Business Daily from THE HINDU group of publications
Wednesday, Jul 11, 2007
ePaper
Business Daily from THE HINDU group of publications Wednesday, Jul 11, 2007 ePaper |
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Money & Banking
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Govt Bonds Bond prices down 5 paise
Mumbai, July 10 Bond prices fell by about five paise and the yield went up by one basis point on profit taking by traders and speculation that the central bank may step in drain away the surplus cash from the system. The 10-year yield ended at 7.93 per cent against the previous close of 7.92 per cent. The total traded volumes on the order matching system were Rs 7,720 crore (Rs 14,220 crore). The 7.49 per cent 10-year 2017 paper opened at Rs 97.50 (7.86 per cent YTM) and closed at Rs 97.0 2 (7.93 per cent YTM) on Tuesday, against the previous close of Rs 97.07 (7.92 per cent YTM). The 7.99 per cent 10-year 2017 paper opened at Rs 100.80 (7.87 per cent YTM) and closed at Rs 100.67 (7.89 per cent YTM). — Our Bureau
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