• Investment World
• eWorld
• Brand Line
• Mentor
• Life
• Canvas
• Praxis
• Urban Pulse
• Brand Quest
• The New Manager

Stocks

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

Cross Currency

• Rates
  
  

Shipping

• Ports
  
  

Archives

• Yesterday
• Datewise
• Resources
• In Focus
• In Depth

Group Sites

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

Our Bureau

Mumbai, Jan. 8

Bond prices closed about 44 paise higher after the Government, on Friday, cancelled the auction of the Rs 5,000- crore Government paper leaving Rs 4,000 crore to be raised on January 12. Total traded volumes on the NDS order-matching system improved to Rs 7,420 crore (Rs 2,450 crore).

The 8.07 per cent 10-year 2017 benchmark paper opened at Rs 104.10 (7.48 per cent YTM) and closed at Rs 104.12 (7.48 per cent YTM) against Friday's close of Rs 103.68 (7.54 per cent YTM). The 7.59 per cent nine-year 2016 opened at Rs 100.55 (7.5 per cent YTM) and closed at Rs 100.63 (7.49 per cent YTM), against Friday's close of Rs 100.27 (7.54 per cent YTM). According to a bond dealer, the yields on the 10-year benchmark could fall to between 7.40 per and to 7.37 per cent during the week.

More Stories on : Govt Bonds

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

Stories in this Section
Rupee falls 19 paise

Copyright © 2007, 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