Business Daily from THE HINDU group of publications
Wednesday, Nov 15, 2006

Cross Currency

Group Sites

Money & Banking - Debt Market
Bonds rise on improved liquidity

Our Bureau

Mumbai, Nov. 14

Bond prices edged up by around 20 paise on improved liquidity in the system. Total traded volumes on the order matching system was Rs 7,520 crore (Rs 6,120 crore).

Dealers said the RBI's intervention in the forex market (buying dollars for rupees) had infused cash in the markets. The easing of global crude prices to $58.75 per ($59.75) barrel also prompted some buying. The 7.59 per cent - 10 year-2016 paper opened at Rs 99.75 (7.59 per cent YTM) and closed at Rs 100.21 (7.56 per cent YTM), higher than Monday's Rs 100.01 (7.59 per cent YTM). The 8.07-11 year-2017 paper opened at Rs 103.63 and closed at Rs 103.70 (7.53 per cent YTM), against Monday's Rs 103.67 (7.54 per cent YTM).

More Stories on : Debt Market

Article E-Mail :: Comment :: Syndication :: Printer Friendly Page

Stories in this Section
Rabo India Fin becomes public ltd co

Rupee sheds 20 paise
Tata Ind in informal talks with RBI
Misys bullish on treasury sector
HDFC opens London office
Retail loans surpass overall credit growth
Tata AIG opens Siliguri office
Bonds rise on improved liquidity
Is conventional inflation irrelevant?
Canara Bank scheme for kids
HSBC India to enter new segments
RBI cautions banks against market risks
Call rates up slightly
Insurance officers defer strike
Priority sector lending rises 33.7 pc in '05-06

The Hindu Group: Home | About Us | Copyright | Archives | Contacts | Subscription
Group Sites: The Hindu | The Hindu ePaper | Business Line | Business Line ePaper | Sportstar | Frontline | The Hindu eBooks | The Hindu Images | Home |

Copyright 2006, The Hindu Business Line. Republication or redissemination of the contents of this screen are expressly prohibited without the written consent of The Hindu Business Line