Business Daily from THE HINDU group of publications Wednesday, Aug 15, 2007 ePaper |
|
|
|
|
|
|
|
Money & Banking
-
Govt Bonds Bond prices range-bound
Mumbai, Aug 14 The bond market was range-bound on Tuesday due to lack of clear signals. A dealer from a private bank said, “There is general discomfort and worry on the liquidity front because of the sub-prime crisis, but nobody is overly bothered. But we don’t know the intensity of the crisis because it is from far-flung places.” Following the sub-prime crisis, near term liquidity may be hit as there may be some reverse flow of foreign capital, the dealer explained. Ho wever, in the long term there is no reason to worry, he added. Total traded volumes on the order matching system were at Rs 1,510 crore. The 7.49 per cent 10-year 2017 benchmark paper opened at Rs 96.72 (7.98 per cent YTM) and closed at Rs 96.7 (7.98 per cent YTM) against the previous close of Rs 96.72 (7.98 per cent YTM). The 7.99 per cent 10-year 2017 opened at Rs 100.29 (7.94 per cent YTM) and closed at Rs 100.19 (7.96 per cent YTM), marginally lower than the previous close of Rs 100.20 (7.96 per cent YTM). — Our Bureau
More Stories on : Govt Bonds
Article E-Mail :: Comment :: Syndication :: Printer Friendly Page
|
Stories in this Section |
|
The Hindu Group: Home | About Us | Copyright | Archives | Contacts | Subscription Group Sites: The Hindu | The Hindu ePaper | Business Line | Business Line ePaper | Sportstar | Frontline | The Hindu eBooks | The Hindu Images | Home |
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
|