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Money & Banking - Govt Bonds
Bond prices rise

Mumbai, Oct. 19

The bond market opened on a strong note and prices rose by about five paise on account of comfortable liquidity in the system. "The volumes were good and there was some genuine buying interest seen in the 10- year paper," said a dealer with a private bank. The total traded volumes on the order matching system were Rs 2,490 crore (Rs 2,560 crore). The 7.49 per cent-10-year-2017 paper opened at Rs 97.28 (7.90 per cent YTM) and closed at Rs 97.25 (7.91 per cent), against Rs 97.21 (7.91 per cent YTM). The 7.99 per cent-10-year-2017 paper opened at Rs 100.57 (7.90 per cent YTM) and closed at Rs 100.61 (7.90 per cent YTM), against the previous close of Rs 100.55 (7.90 per cent YTM). - Our Bureau

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