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

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, July 3

Bond prices firmed up ahead of the Budget. While traders are building up positions , the fall in crude prices also helped, said a bond dealer with a private bank. The expectation now is that government borrowing may not be as high as it was earlier thought, he said. “The market should be comfortable with government borrowing of around Rs 30,000-40,000 crore. As the government has already borrowed Rs 18,000 crore, this would amount to an additional Rs 12,000 crore od d borrowing,” he said. The total traded volumes on the order matching system were lower at Rs 14,405 crore (Rs 19,920 crore). –

Our Bureau

More Stories on : Govt Bonds

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

Copyright © 2009, 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