Business Daily from THE HINDU group of publications Thursday, May 22, 2008 ePaper | Mobile/PDA Version | Audio |
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Money & Banking
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Govt Bonds Bond prices fall Mumbai, May 21 Bond prices fell around 25 paise as the price of crude soared. Total traded volumes on the order-matching system were at Rs 3,070 crore (Rs 3,100 crore). Dealers said that there was lack of trading interest. There was caution ahead of the Rs 10,000-crore auction on Friday. “The inflation numbers released on Friday will also influence sentiment,” said a dealer at a private bank. The 8.24 per cent- 10 year -2018 paper opened at Rs 101.90 (7.96 per cent YTM) and e nded at Rs 101.72 (7.98 per cent YTM), against the previous close at Rs 101.99 (7.94 per cent). The 8.33 per cent -28 year-2036 per cent opened at Rs 99.30 (8.39 per cent YTM) and ended at Rs 99.10 (8.41 per cent YTM), against the previous close at Rs 97.56 (8.10 per cent YTM). — Our Bureau More Stories on : Govt Bonds
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