• Investment World
• eWorld
• Brand Line
• Mentor
• Life
• Brand Quest
• The New Manager
• BL Club
• Smartbuy

Stocks

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

Cross Currency

• Rates
  
  

Shipping

• Ports
  
  

Archives

• Yesterday
• Datewise
• Resources
• In Focus
• In Depth
• Events 2007

Group Sites

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

Mumbai, Sept. 19

Bond prices closed flat on Friday, amidst tight liquidity conditions in the market. The Reserve Bank injected more than Rs 80,000 crore into the system through the repo auction, said dealers. Trading was volatile in the market, said a dealer with a private bank. There was paying interest in the overnight index swap market with the long-end and short-end yields moving up by 10-15 and 20-25 basis points respectively, the dealer added. Total traded volumes on the order matchi ng system were higher at Rs 5,650 crore (Rs 3,335 crore). The 8.24 per cent-10 year-2018 paper opened at Rs 98.9 (8.40 per cent YTM) and touched an intra-day high of Rs 99.59 (8.30 per cent YTM). It closed at Rs 99 (8.39 per cent YTM), same as the previous day’s close. The second highly traded paper, the 7.95 per cent-24 year-2032 paper opened at Rs 91.79 (8.77 per cent YTM) and closed at Rs 90.95 (8.87 per cent YTM).

— Our Bureau

More Stories on : Govt Bonds

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

Copyright © 2008, 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