Business Daily from THE HINDU group of publications
Thursday, Jul 19, 2007
ePaper


News
Features
Stocks
Cross Currency
Shipping
Archives
Google

Group Sites

Money & Banking - Govt Bonds
Bond prices rise 40-80 paise

Mumbai, July 18

Bond prices surged by around 40-80 paise across securities of various maturities. Total traded volumes on the order matching system were at Rs 16,285 crore (Rs 13,485 crore). Dealers said the excess cash in the system aided the buying sentiment and buoyed prices. “The cut-off yields of the T-bill auctions were aggressive and indicated a bullish market. Despite Market Stabilisation Auctions draining liquidity, there is still surplus cash,” said a dealer at a pri vate bank. The 7.49 per cent-10 year-2017 paper opened at Rs 97.74 (7.82 per cent YTM) and closed at Rs 98.05 (7.77 per cent YTM) against the previous close of 97.59 (7.84 per cent YTM). The 8.33 per cent-29 year-2036 paper opened at Rs 99.90 (8.34 per cent YTM) and closed at Rs 100.49 (8.28 per cent YTM), against the previous close of Rs 99.76 (8.35 per cent YTM). —

Our Bureau

More Stories on : Govt Bonds

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



Stories in this Section
SBI dividend cheque


Weak rupee not the cure-all
Rupee weakens against dollar
IDBI net profit rises marginally in first quarter
Tata AIG launches ULIP
Grooming the staff to make customer the king
Edelweiss gets SIB mandate to raise funds
Deutsche Bank plans award for Mumbai urban project
Bond prices rise 40-80 paise
BoI debt issue fully subscribed
Call rates end at 0.25-0.45%
Credit card business set for over 30% growth
Nabard plans jt venture micro finance institution


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