• Investment World
• eWorld
• Brand Line
• Mentor
• Life
• Canvas
• Praxis
• Urban Pulse
• Brand Quest
• The New Manager

Stocks

• Quotes
• SE Diary
• Scoreboard
• Open-End Mutual Fund

Cross Currency

• Rates
  
  

Shipping

• Ports
  
  

Archives

• Yesterday
• Datewise
• Resources
• In Focus
• In Depth

Group Sites

• The Hindu
• The Hindu ePaper
• Business Line
• Business Line ePaper
• Sportstar
• Frontline
• The Hindu eBooks
• The Hindu Images

Mumbai, Nov. 14

Bond prices were almost flat as liquidity was under pressure and inter-bank call rates hardened during the day. Total traded volumes on the order-matching system were at Rs 3,250 crore (Rs 5,315 crore). Dealers said that bond prices initially fell after the cut-off yield of the 91-day treasury bill auction was not as per expectation. The low liquidity in the system and higher call rates also added to the negative sentiment. “Traders are reluctant to take large positi ons until there is some clarity about how much liquidity there is in the system ,” said a dealer at a private bank. The 7.49 per cent-10 year-2017 paper opened at Rs 97.34 (7.89 per cent YTM) and ended at Rs 97.32 (7.89 per cent YTM), against the previous close at Rs 97.31 (7.89 per cent YTM). The 7.99 per cent –10 year-2017 paper opened at Rs 100.78 (7.87 per cent YTM) and ended at Rs 100.75 (7.87 per cent YTM), against the previous close at Rs 100.68 (7.88 per cent YTM).

— Our Bureau

More Stories on : Govt Bonds

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

Stories in this Section
‘Cash support, not bonds, will help loss-making RRBs’

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