The bond prices on Jan 6 fell inthe volatile market as banks sold to take advantage of low yields, said dealers. The prices opened lower and moved downwards during the day. However, the total traded volumes were lower at Rs 15,860 crore (Rs 13,680 crore) on the order matching system. However, the 2018 benchmark security opened at Rs 122 (5.22 per cent YTM) and closed at Rs 121.3 (5.30 per cent YTM), as compared to the previous close of Rs 123.25 (5.07 per cent YTM). Apart from this, the 7.95 per cent 23-year 2032 paper opened at Rs 121.4 (6.21 per cent YTM) and closed at Rs 118.4 (6.42 per cent YTM).
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