Business Daily from THE HINDU group of publications
Tuesday, Nov 10, 2009
ePaper | Mobile/PDA Version | Audio | Blogs
Business Daily from THE HINDU group of publications Tuesday, Nov 10, 2009 ePaper | Mobile/PDA Version | Audio | Blogs |
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Money & Banking
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Govt Bonds Bond prices end a tad higher Mumbai, Nov. 9 Bond prices rose in intra-day trade but gave up most of the gains on Monday. The prices opened higher on the back of fall in oil prices on Friday. However, the positive equities led to fears that investor interest will shift away from government securities to equities, said a dealer with a private bank. At the end of trade, prices closed marginally higher. The total traded volumes on the order matching system were at Rs 11,240 crore. The 6.90-10 year-2019 benchmark paper o pened at Rs 97.3 (7.29 per cent YTM) and rallied to touch an intra-day high of Rs 97.41 (7.27 per cent YTM). It closed at Rs 97.22 (7.3 per cent YTM), against the previous close of 97.17 (7.31 per cent YTM). The 6.35 per cent-11-year-2020 paper opened at Rs 90.49 (7.71 per cent YTM) and closed at Rs 90.6 (7.7 per cent YTM). — Our Bureau More Stories on : Govt Bonds
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