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Our Bureau

Mumbai, June 21

Bond prices did not see much movement, as there was no buying interest. Dealers said the underwriting commission for Thursday's Rs 9,000 crore g-sec auction was lower than expected. "There might not be much buying interest in the auction of the longer-dated security. Traders are keeping their positions light ahead of the auction," said a dealer at private bank.The 7.59 per cent - 10 year-2016 benchmark paper opened at Rs 98 (7.88 per cent YTM) and closed at Rs 97.83 (7.91 per cent YTM), almost the same level as Rs 97.84 (7.91 per cent YTM). The 9.39 per cent-5 year-2011 opened at Rs 107.70 (7.52 per cent YTM) and closed at Rs 107.67 (7.53 per cent YTM).

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