The 7.17 per cent 10-year benchmark bond maturing in 2028 dropped to Rs 95.77 from Rs 95.9250 previously, while its yield edged up to 7.81 per cent from 7.79 per cent.
The bonds earned a AAA rating from S&P Global Ratings and an A-one rating from Moody’s Investors Service.
To deepen the corporate bonds market, Sebi today came out with a proposal that will require large corporates to raise 25 per cent borrowings through this route from next fiscal.
The rupee today staged an impressive rebound from life-time low levels, surging by 21 paise to end at 68.84 against the US dollar on suspected the central bank's intervention to check volatility in currency markets.
The 6.68 per cent government security maturing in 2031 declined to Rs 89.5750 from Rs 89.63, while its yield inched up to 7.97 per cent from 7.96 per cent.
The rupee today took a hard 43-paise knock to close below the 69 level for the first time at a historic low of 69.05 against the US currency as upbeat comments on the US economy by the Federal Reserve chairman drove the greenback to one-year high levels higher against global currencies.
The 7.17 per cent 10-year benchmark bond maturing in 2028 went-down to Rs 95.93 from Rs 96.1425, while its yield edged up to 7.79 per cent from 7.75 per cent.
After approving capital support for five public sector banks (PSBs), the finance ministry is assessing the needs of 2-3 more banks and fund infusion in them would be done by the end of the second quarter of the current fiscal.
The rupee fell back sharply from a two-week high, depreciating by 17 paise to end at 68.62 against the US currency on renewed dollar demand from banks and importers even as crude oil hovered near its multi-month lows.
The 7.17 per cent 10-year benchmark bond maturing in 2028 went-down to Rs 96.1425 from Rs 96.1825, while its yield held stable to 7.75 per cent.