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Money & Banking - Govt Bonds
Bond prices flat on profit-booking

Mumbai, Sept. 2

Bond prices opened positive because of the open market operations announced by the Reserve Bank of India yesterday. But profit booking saw yields rising and bond prices closed flat compared with the previous close, said dealers. The total traded volumes on the order matching system were to the tune of Rs 10,525 crore. The 6.90 per cent-2019-10-year benchmark paper opened at Rs 96.31 (7.43 per cent YTM) and closed at Rs 96.4(7.42 per cent YTM), against the previous close of Rs 96.36 (7.43 per cent YTM). The 7.02 per cent-2016-7-year paper opened at Rs 98.17 (7.36 per cent YTM) and closed at Rs 98.1 (7.37 per cent YTM).

— Our Bureau

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