Business Daily from THE HINDU group of publications Wednesday, Dec 05, 2007 ePaper | Mobile/PDA Version |
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Money & Banking
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Govt Bonds Bond market steady Mumbai, Dec. 4 The bond market was steady due to positive conditions such as improving liquidity, lack of new auctions of government papers and consistent oil price. Prices were stable as most traders preferred to maintain the status quo, said a bond dealer with a private bank. “Though liquidity has improved today, the situation is still uncertain,” he said. Total traded volumes on the order-matching system were Rs 5,295 crore (Rs 6,890 crore). The 7.99 per cent 10-year paper opened at Rs 100.75 (7.88 per cent YTM) and closed unchanged at the previous close of Rs 100.73 (7.88 per cent). The 8.20 per cent 15 year-2022 paper, opened at Rs 100.88 (8.09 per cent) and closed at Rs 100.94 (8.08 per cent) against the previous close of Rs 100.84 (8.10 per cent . – Our Bureau More Stories on : Govt Bonds
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