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Money & Banking - Govt Bonds
Bond prices fall by 10 paise

Mumbai, Aug . 23

Bond prices fell by around 10 paise reacting to the looming political uncertainty of the Left withdrawing its support to the government. Total traded volumes on the order matching system were Rs 6,110 crore (Rs 7,440 crore). Dealers said that there was some profit booking as bond prices were rising in the past three days. The 7.49 per cent-10 year-2017 paper opened at Rs 97.15 (7.91 per cent YTM) and ended at Rs 97.07 (7.93 per cent YTM), against the previous close at Rs 9 7.20 (7.91 per cent YTM). The 7.99 per cent –10 year-2017 paper opened at Rs 100.64 (7.89 per cent YTM) and ended at Rs 100.53 (7.91 per cent YTM), against the previous close at Rs 100.63 (7.89 per cent YTM).

— Our Bureau

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