The Hindu Business Line : Bond prices decline

Bond prices moved in the band of 20 paise during the day on Tuesday, and ended four paise lower than the previous close. The liquidity in the system has improved, said dealers. "Domestic inflation and global factors will, however, keep the markets wary and the prices rangebound," said a dealer at a private bank. Dealers said that there was some selling seen in the 8.33 per cent-2036 paper. The prices in the 8.33 per cent-2036 paper fell by 70 paise and the yields went up by six basis points.

The total traded volumes on the order matching system were at Rs 5,530 crore (Rs 4,000 crore). The 7.99 per cent-9 year-2017 paper opened at Rs 102.45 (7.62 per cent YTM) and closed at Rs 102.41 (7.62 per cent YTM), against the previous close of Rs 102.45 (7.62 per cent YTM). The 8.33 per cent-28 year-2036 paper opened at Rs 104.34 (7.94 per cent YTM) and closed at Rs 103.60 (8 per cent YTM), against the previous close of Rs 104.30 (7.94 per cent YTM). - Our Bureau

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