Bond prices dwindled by 55 paise on Sept 22, as the liquidity crunch in the system continued. Total traded volumes on the order matching system were lower at Rs 3,790 crore (Rs 5,650 crore). Oil prices increased to $106 per barrel pulling up bond yields. There was paying interest in the overnight index swap market, added the dealer. The 8.24 per cent-10 year-2018 paper opened at Rs 98.65 (8.43 per cent YTM) and touched an intra-day high of Rs 98.94 (8.40 per cent YTM). It closed at Rs 98.45 (8.47 per cent YTM), against the previous close of Rs 99 (8.39 per cent YTM). The second highly traded paper, the 7.95 per cent-24 year-2032 paper, opened at Rs 90.65 (8.89 per cent YTM) and closed at Rs 90.15 (8.95 per cent YTM)
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment