Business Daily from THE HINDU group of publications
Tuesday, Jan 15, 2008
ePaper | Mobile/PDA Version
Business Daily from THE HINDU group of publications Tuesday, Jan 15, 2008 ePaper | Mobile/PDA Version |
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Money & Banking
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Govt Bonds Bond prices volatile Mumbai, Jan 14 Bond prices were highly volatile and witnessed a two-way movement on Monday. The yields fell by two basis points. “The market was volatile as traders were booking profits, while some were building positions in anticipation of a rate cut by the Federal Reserve,” said a dealer at a private bank. The total traded volumes on the order matching system were at Rs 12,935 crore. The 7.99 per cent-2017 paper opened at Rs 102.70 (7.59 per cent YTM) and closed at Rs 103.01 (7.54 per cent YTM). The 8.33 per cent-2036 paper opened at Rs 105.20 (7.87 per cent YTM) and closed at Rs 105.85 (7.81 per cent YTM). – Our Bureau More Stories on : Govt Bonds
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