Market Reports

Money market

Sentiment: Dull

Gilt yields were little changed from previous closing levels, with volumes almost halved from the daily average.

Sentiment was mixed amid fears of central bank bond sales.

The benchmark 10-year was flat at 5.7410 per cent .The yield curve continued to flatten, with the spread between the 15- and two-year bonds compressing six bps to 14.6.

The call money rates ended at 4.75/5.00 per cent, a notch down from Wednesday