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Saturday, Jun 30, 2007
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Money & Banking - Govt Bonds
Bond prices remain flat

Mumbai, June 29 The bond prices ended almost flat. The yield on the 10-year paper closed at 8.18 per cent on Friday, similar to the previous close as expectations of auctions faded. “The surplus cash has been completely sucked out so RBI might not announce further auctions, this has given comfort to the market participants,” said a dealer with a private bank. The total traded volumes on the order matching system were Rs 5,780 crore (Rs 4,835 crore). The 7.49 per cent 10-year-2017 paper opened at Rs 95.40 (8.18 per cent YTM) and closed at Rs 95.37 (8.18 per cent YTM) on Friday similar to the previous close of Rs 95.37 (8.18 per cent YTM). The 8.07 per cent 10-year-2017 paper opened at Rs 99.50 (8.15 per cent YTM) and closed at Rs 99.52 (8.14 per cent YTM) against the previous close of Rs 99.50 (8.15 per cent YTM). —

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