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Money & Banking - Govt Bonds
Bond prices gain

Mumbai, Dec. 2

Bond prices gained by around 40 paise as bullish sentiment prevailed in the government securities market. With crude prices falling to $47 a barrel, there was a lot of buying interest in the market, said a dealer with a private bank. However, reports that the Government might go for additional borrowing brought prices down from its day’s high, added the dealer. Total traded volumes on the order matching system were higher at Rs 13,075 crore (Rs 10,565 crore). The 8.2 4 per cent-10 year-2018 paper opened at Rs 108. 2 (7.03 per cent YTM) and touched an intra-day high of Rs 108.59 (6.97 per cent YTM). It closed at Rs 108.39 (7per cent YTM), as against the previous close of Rs 108 (7.05 per cent Y TM). The 7.94 per cent-13 year-2021 paper opened at Rs 106.25 (7.17 per cent YTM) and closed at Rs 106.26 (7.17 per cent YTM). —

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