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Bonds prices firm up while yields decline

Bonds prices firm up while yields decline
PTI
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First Published: Wed, Jul 01 2009. 09 04 PM IST
Updated: Wed, Jul 01 2009. 09 04 PM IST
Mumbai: Government bond prices firmed up while its yield declined due to fresh demand from banks and corporates.
The 7.94% government security maturing in 2021 shot up to Rs105.61 from Rs105.45 previously while its yield eased to 7.23% from 7.25%.
The 6.49% government security maturing in 2015 hardened to Rs99.85 from Rs99.58 while its yield moved down to 6.52% from 6.58%.
The 6.07% government security maturing in 2014 firmed up to Rs98.50 from Rs98.25 while its yield declined to 6.43% from 6.49%.
The 7.59% government security maturing in 2016 rose to Rs104.07 from Rs103.73 while its yield fell to 6.83% from 6.89%.
The 8.20% government security maturing in 2022 looked up to Rs107.04 from Rs106.77 while its yield looked down to 7.33% from 7.37%.
The 6.35% government security maturing in 2020, the 7.35% government security maturing in 2024, the 8.24% government security maturing in 2027 and the 6.05% government security maturing in 2019-February also quoted higher at Rs96.15, Rs99.65, Rs104.80 and Rs93.61 respectively.
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First Published: Wed, Jul 01 2009. 09 04 PM IST