Business Daily from THE HINDU group of publications
Saturday, Dec 29, 2007
ePaper | Mobile/PDA Version
Business Daily from THE HINDU group of publications Saturday, Dec 29, 2007 ePaper | Mobile/PDA Version |
|
|
|
|
|
|
|
Money & Banking
-
Govt Bonds Bond prices rise, yields fall Mumbai, Dec 28 After being thinly traded for the past few days, the bond market on Friday witnessed huge volumes. The prices went up by 16 paise and the yields fell by three basis points in anticipation of surplus cash into the system thereby easing the liquidity condition. Dealers said that the market was expecting good cash flows in the first week of January on account of government spending and by way of the special deposit scheme. "Though the geo-political conditions were a cause of concern, the market took positive cues in anticipation of good liquidity in the system," said a dealer at a private bank. The total traded volumes on the order matching system were at Rs 10,940 crore. The 7.99 per cent 10-year-2017 paper opened at Rs 101.10 (7.82 per cent YTM) and closed at Rs 101.16 (7.81 per cent YTM), against the previous close of Rs 101 (7.84 per cent YTM). The 8.33 per cent-2036 paper opened at Rs 101.25 (8.21 per cent YTM) and closed at Rs 101.84 (8.16 per cent YTM), against the previous close of Rs 101.37 (8.20 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
|