The bond prices fell by around 50 paise on May 21 ahead of the Rs 15,000-crore government securities auction. The cut-off price for the buyback of government securities, which was below expectations, dampened the market sentiments. The trading volumes on the order matching system were at Rs 5,770 crore (Rs 5,500 crore). The 6.05 per cent-10-year-2019 paper opened at Rs 97.6 (6.38 per cent YTM) and shot up to touch a high of Rs 97.89 (6.34 per cent YTM).
It finally closed at the day''s low of Rs 97.29 (6.42 per cent YTM) against the previous close of Rs 97.81 (6.35 per cent YTM). Moreover, the 7.56 per cent-2014 paper opened at Rs 106.25 (6.18 per cent YTM) and closed at Rs 106.05 (6.23 per cent YTM).
It finally closed at the day''s low of Rs 97.29 (6.42 per cent YTM) against the previous close of Rs 97.81 (6.35 per cent YTM). Moreover, the 7.56 per cent-2014 paper opened at Rs 106.25 (6.18 per cent YTM) and closed at Rs 106.05 (6.23 per cent YTM).
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