Date:29/08/2007 URL: http://www.thehindubusinessline.com/2007/08/29/stories/2007082951750600.htm

Back Bond yields tad higher

Mumbai, Aug. 28

Bond prices fell by five paise and the yield went up by one basis point on Tuesday as traders were wary of on global developments. "The market was range-bound in the morning trading session; however, there was selling at the end of the day," said a dealer with a private bank. The total traded volumes on the order matching system were Rs 1,935 crore (Rs 2,330 crore). The 7.49 per cent 10-year-2017 paper opened at Rs 97.14 (7.92 per cent YTM) and closed at Rs 97.05 (7.93 per cent YTM) against the previous close of Rs 97.10 (7.92 per cent YTM). The 7.99 per cent 10-year-2017 paper opened at Rs 100.50 (7.91 per cent YTM) and closed at Rs 100.40 (7.93 per cent YTM), against the previous close of Rs 100.53 (7.91 per cent YTM). - Our Bureau