Bond prices ruled steady on Wednesday. The intra-day price movement was only to the extent of 2 to 4 paise. Bond prices held firm as the rupee bounced back to gain 17 paise against the dollar.

With the of the Rs 5000-crore twin auction, the centre has will completed over 46 per cent of its borrowing programme for the current fiscal. The centre's borrowing for the current fiscal has gone up to Rs 39,500 crore against a gross borrowing target of Rs 83,571 crore. Out of the total mop-up, Rs 3500 crore has been raised through the auction of 364-day treasury bills.