NEW YORK, Oct 10 (Reuters) - Bonds of Delphi Corp. (DPH.N: Quote, Profile, Research) were quoted 6 percentage points lower in over-the-counter trading on Monday after the auto supplier filed for bankruptcy protection on Saturday, a trader said.
Delphi's bonds with a 6.55 percent coupon due in 2006 were bid at 58 cents on the dollar and offered at 60 cents after being bid at 64 cents and offered at 65 cents on Friday, a distressed debt trader said.
Trading was slow with the bond markets officially closed for the Columbus Day holiday, though more active trading is expected on Tuesday.
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