The Hindu Business Line : Bond prices up 61 paise

Bond prices gained 61 paise, buoyed by expectations of lower inflation figures and comfortable liquidity in the market, said bond dealers. Inflation was lower at 12.10 per cent as on August 30. There was lot of buying interest in the market, as oil prices fell to $103 a barrel, said a dealer with a private bank. Total traded volumes on the order matching system were higher at Rs 6,335 crore (Rs 5,445 crore). The 8.24 per cent-10 year-2018 paper opened at Rs 99.25 (8.35 per cent YTM) and touched an intra-day high of Rs 99.77 (8.27 per cent YTM). It closed at Rs 99.75 (8.27 per cent YTM), against the previous close of Rs 99.14 (8.37 per cent YTM). The price of the second highly traded security, 8.24 per cent-19 year-2027 paper, increased by almost Rs 2. It opened at Rs 94.2 (8.88 per cent YTM) and closed at Rs 96.04 (8.67 per cent YTM). - Our Bureau

More Stories on : Govt Bonds

Article E-Mail :: Comment :: Syndication :: Printer Friendly Page

Stories in this Section
Rupee decline continues

3i Infotech to adopt hub and spoke model

LIC bags Infosys’ group cover policy

Health cover for the poor

RBI may cap charges on e-payment services

Cabinet approves rise in contribution to IMF

Andhra Bank can raise funds without Govt stake dilution

Bond prices up 61 paise

Call rate ends lower

Andhra Bank, Reliance MF tie up

IOB in pact with Repco Foundation

Turbulence ahead for Asian banks, says S&P