Bond Prices Slip By 13 Paise - Nov 26, 2008

Booking profits by market participants in a range bound market led decline in bond prices by 13 paise on Nov 25. The markets rallied in the first half of trade as rate cut expectations continued. However, profit booking by market players pulled down the prices of the benchmark security. Total traded volumes on the order matching system were substantially lower at Rs 6,400 crore (Rs 15,213 cro re). The 8.24 per cent-10 year-2018 paper opened at Rs 106.75 (7.23 per cent YTM) and touched an intra-day high of Rs 107.34 (7.15 per cent YTM).

It ended at Rs 106.87 (7.21 per cent YTM), as against the previous close of Rs 107.0 (7.20 per cent Y TM). The 7.95 per cent-24 year-2032 paper opened at Rs 101.9 (7.77 per cent YTM) and closed at Rs 101.7 (7.79 per cent YTM).

Bond Prices Slip By 55 Paise - Sep 23, 2008

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)