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Money & Banking - Govt Bonds
Bond prices remain range-bound

Mumbai, Oct. 12

The bond market was range-bound, as the market was wary of the Reserve Bank of India’s measures to curb liquidity. The benchmark 7.49 per cent 10-year-2017 paper was not traded today. “It is the interest payment date for the paper tomorrow, so it will remain closed today,” said a dealer with a private bank. The total traded volumes on the order matching system were Rs 1,280 crore (Rs 2,635 crore). The 7.99 per cent-2017-10-year paper opened at Rs 100.62 ( 7.89 per cent YTM) and closed at Rs 100.58 (7.90 per cent YTM). The 5.87 per cent-2010 paper opened at Rs 96.20 (7.76 per cent YTM) and closed at Rs 96.18 (7.77 per cent YTM). —

Our Bureau

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