The bond prices fell by around Rs 2 after the statement by the RBI Governor- Dr Subbarao that the Government may not stick to the borrowing calendar and could raise additional money depending on its requirements, according to the source. The borrowing could depend on the money coming in through the auction of the 3G spectrum, said the RBI Governor.
However, the yields went up to around 6 per cent. On the order matching system, the total traded volumes were lower at Rs 7,190 crore. The benchmark security opened at Rs 117.85 (5.72 per cent YTM) and touched an intra-day low of Rs 115.70 (5.99 per cent YTM) and it closed at Rs 115.95 (5.96 per cent YTM) as compared to the previous close of Rs 117.85 (5.72 per cent YTM). On the other hand, the 7.56 per cent-2014 paper opened at Rs 108.20 (5.86 per cent YTM) and closed at Rs 107.40 (6.01 per cent YTM).
However, the yields went up to around 6 per cent. On the order matching system, the total traded volumes were lower at Rs 7,190 crore. The benchmark security opened at Rs 117.85 (5.72 per cent YTM) and touched an intra-day low of Rs 115.70 (5.99 per cent YTM) and it closed at Rs 115.95 (5.96 per cent YTM) as compared to the previous close of Rs 117.85 (5.72 per cent YTM). On the other hand, the 7.56 per cent-2014 paper opened at Rs 108.20 (5.86 per cent YTM) and closed at Rs 107.40 (6.01 per cent YTM).
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