Money marketM |
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Sentiment: Nervous
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| Gilt yields rose from lows towards close on Monday as OMO fears depressed prices. |
| The yield on the benchmark 10-year paper rose to 5.7203 per cent from 5.7169 per cent in the morning. |
| The amount bid at the daily repo auction rose to Rs 27,470 crore on Monday from Rs 2,4060 crore on Friday, reflecting the surge in fund supply. |
| Excess funds kept call rates below the repo rate at 4.70/4.90 per cent but firmer than Saturday |
