Business Daily from THE HINDU group of publications
Wednesday, Dec 12, 2007
ePaper | Mobile/PDA Version
Business Daily from THE HINDU group of publications Wednesday, Dec 12, 2007 ePaper | Mobile/PDA Version |
|
|
|
|
|
|
|
Money & Banking
-
Govt Bonds Bonds continue to be lacklustre Mumbai, Dec 11 The bond market was lacklustre due to lack of trading interest. Bond yields moved barely one basis point during day trade, said dealers. According to a dealer with a private bank, traders are in two minds whether to take position or not ahead of the meeting by the US Federal Reserve later on December 11. While one section of the market expects the US Fed to cut interest rates, another section feels it may not do so, due to high inflation. Total traded volumes on the order-matching system were at Rs 4,310 crore (Rs 4,175 crore). The 7.99 per cent-10 year-2017 paper opened at Rs 100.70 (7.88 per cent YTM) and closed at Rs 100.71 (7.88 per cent YTM), unchanged from the previous close. The 8.33 per cent-29 year-2036 paper opened at Rs 100.85 (8.25 per cent YTM) and closed at the same level of Rs 100.85, down marginally from the earlier close of Rs 100.87 (8.25 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
|