• 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, May 31

Bond prices rose by around 20 paise on reports of a possible drop in inflation. Total traded volumes on the order-matching system were Rs 4,685 crore (Rs 2,325 crore). Dealers said news reports that domestic inflation had fallen to 5.07 per cent for the week ended May 19 aided the buying sentiment. Inflation for the week ended May 12 was at 5.27 per cent. The surplus cash in the system kept traders cautious. "Market participants remain wary about RBI action as the system is flooded with excess cash," said a dealer at a private bank. The 8.07 per cent-10 year-2017 paper opened at Rs 99.80 (8.09 per cent YTM) and closed at Rs 99.93 (8.08 per cent YTM), against the previous close of Rs 99.78 (8.10 per cent YTM). The 7.38 per cent- 7 year-2015 paper opened at Rs 95.50 (8.13 per cent YTM) and closed at Rs 95.79 (8.09 per cent YTM), against the previous close of Rs 95.55 (8.13 per cent YTM).

More Stories on : Govt Bonds

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

Stories in this Section
4 players shortlisted for managing pension funds

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