Business Daily from THE HINDU group of publications
Tuesday, Nov 13, 2007
ePaper | Mobile/PDA Version
Business Daily from THE HINDU group of publications Tuesday, Nov 13, 2007 ePaper | Mobile/PDA Version |
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Money & Banking
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Govt Bonds Bond prices range-bound Mumbai, Nov. 12 The bond market was flat with just 50 paise movement in intra-day trade. There was selling in the first half due to repo auctions under the RBI's Liquidity Adjustment Facility. But towards the end of day there was buying support, due to the statements by the Finance Minister that capital inflows would slow down. The total traded volumes on the order matching system were Rs 3,105 crore. The 7.49 per cent 10-year 2017 paper opened at Rs 97.02 (7.94 per cent YTM) and closed at Rs 97.08 (7.93 per cent YTM) unchanged from Thursday's close, which was the last trading day in the previous week. The 7.99 per cent 10-year 2017 paper opened at Rs 100.4 (7.92 per cent YTM) and closed at Rs 100.48 (7.91 per cent YTM) against the previous close of Rs 100.54 (7.92 per cent YTM). - Our Bureau
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