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Mumbai, Aug. 6

Bond prices rose by about four paise on Monday. "The bond market opened a bit weak in the morning session due to the announcement of Market Stabilisation Scheme auction of Rs 4,000 crore," said a dealer with a private bank. The market was, however, range-bound throughout the day. The total traded volumes on the order matching system were Rs 6,505 crore (Rs 5,865 crore).

The 7.49 per cent 10-year-2017 paper opened at Rs 97.45 (7.87 per cent YTM) and closed at Rs 97.58 (7.85 per cent YTM) against the previous close of Rs 97.54 (7.85 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 100.99 (7.84 per cent YTM) against the previous close of Rs 100.76 (7.88 per cent YTM).

- Our Bureau

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