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Bond yields to remain range-bound

With just two trading days in the current week and a decision likely on the government borrowing plan for the second half, the yield on government bonds are expected to remain range-bound. - Banks: Bond market blues - Rupee slides most in three months, dips 1.3% While the pressure of the government’s huge borrowings in the first half (April-September) has eased, the market awaited the plan for the second half, dealers said. The government has raised gross Rs 3,00,000 crore till September 18 in this financial year, just over three times than the amount raised a year ago. On Friday (September 25), it raised Rs 12,000 crore through auction. This was the last auction in the first half. The yield on government bonds hardened tracking cut-offs in auctions. The yield on 6.90 per cent 2019 paper rose to 7.17 per cent on September 25 against 7.09 per cent on September 18.

Payday commented:

Market keeps on changing as it is really very volatile therefore in this time if the bonds are range bound then it is a good sign

02.08.2011

Payday Loans commented:

We can not predict that what will be going to happen next as the market is really volatile therefore it should be checked on the time to time basis

01.09.2011

compare payday loans commented:

There is always fluctuation in the market condition so you must not worry about the situation.

22.09.2011


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