Date:25/10/2007 URL: http://www.thehindubusinessline.com/2007/10/25/stories/2007102552350601.htm

Back Bond prices fall on profit booking

Mumbai, Oct 24

Bond prices fell by around five to ten paise on profit booking. Total traded volumes on the ordermatching system were lower at Rs 2,810 crore (Rs 9,065 crore). Traders said there was not much of a movement in prices and the sentiment remained lacklustre. "Bond prices have gained by 60 paise in the past six days. Hence, some profit booking was expected," said a dealer at a private bank. The 7.49 per cent-10 year-2017 paper opened at Rs 97.75 (7.83 per cent YTM) and ended at Rs 97.52 (7.86 per cent YTM), against the previous close at Rs 97.61 (7.85 per cent YTM). The 7.99 per cent-10 year-2017 paper opened at Rs 101.10 (7.82 per cent YTM) and ended at Rs 101.01 (7.84 per cent YTM), against the previous close at Rs 101.11 (7.82 per cent YTM). - Our Bureau