Date:20/06/2007 URL: http://www.thehindubusinessline.com/2007/06/20/stories/2007062002460600.htm

Back Bond prices shed 15 paise

Our Bureau

Mumbai, June 19

The bond prices fell by 15 paise and the yields went up by two basis points on profit booking by traders. The yields on the 10-year-paper ended at 8.22 per cent against the previous close of 8.2 per cent. Traders expect the central bank to announce some market stabilisation auctions to suck out the surplus cash from the system. The total traded volumes on the order matching system were Rs 4,085 crore (Rs 7,020 crore). The 7.49 per cent 10-year-paper opened at Rs 95.20 (8.21 per cent YTM) and closed at Rs 95.07 (8.23 per cent YTM) against Monday's close of Rs 95.26 (8.2 per cent YTM). The 8.07 per cent 10-year-paper opened at Rs 99.57 (8.14 per cent YTM) and closed at Rs 99.60 (8.13 per cent YTM) against the previous close of Rs 99.76 (8.11 per cent YTM).