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Money & Banking - Govt Bonds
Bond prices steady

Mumbai, May 14

Bond prices were steady on Thursday with the exception of the benchmark security whose price fell by 40 paise. Market participants were selling the 10-year paper fearing that the government will issue a new 10-year paper just as it issued a new 5-year paper today, said a dealer with a private bank. The total traded volumes on the order matching system were at Rs 8,335 crore (Rs 7,370 crore).

— Our Bureau

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