Business Daily from THE HINDU group of publications
Thursday, Sep 20, 2007
ePaper
Business Daily from THE HINDU group of publications Thursday, Sep 20, 2007 ePaper |
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Money & Banking
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Govt Bonds Bond yields fall Mumbai, Sept. 19 Bond yields fell by two basis points on profit taking by traders. The 50 bps cut in interest rates by the US Federal Reserve also had an impact on the prices, said a dealer with a private bank. The total traded volumes on the order matching system were Rs 6,185 crore. The yield on the 10-year paper ended at 7.86 per cent (7.84 per cent). "There was comfortable liquidity in the system," said a dealer with a private bank. The 7.49 per cent 10-year-2017 paper opened at Rs 97.80 (7.82 per cent YTM) and closed at Rs 97.56 (7.86 per cent YTM). The 7.99 per cent 10- year-2017 paper opened at Rs 101.38 (7.78 per cent YTM) and closed at Rs 101.10 (7.82 per cent YTM). - Our Bureau More Stories on : Govt Bonds
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