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Money & Banking - Govt Bonds
Bond prices flat

Mumbai, Nov. 30

Bond prices were almost unchanged as traders were cautious about liquidity in the system. Total traded volumes on the order-matching system were at Rs 3,145 crore (Rs 2,175 crore). Dealers said banks were flush with securities after many auctions. “Traders don’t want to sell as bond prices have been falling in the past few days. Besides, liquidity is under pressure and call rates are at 7-8 per cent,” said a dealer at a private bank.

The 8.20 per cent –15 year-2022 paper, which was most actively traded, opened at Rs 100.48 (8.14 per cent YTM) and closed at Rs 100.475 (8.14 per cent YTM). The 7.49 per cent –10 year- 2017 paper opened at Rs 100.50 (7.91 per cent YTM) and closed at Rs 100.52 (7.91 per cent YTM), against the previous close at Rs 100.45 (7.92 per cent YTM). –

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