11.64 Govt Security Dealt For Rs 10 Cr

NSE REPORT

The wholesale debt market (WDM) of the National Stock Exchange saw trades worth Rs 139.15 crore yesterday. The value of debentures traded was a measly Rs 4.36 crore. Only 77 trades were struck, and the traded quantity was 7,000.

The Mibid and Mibor were 7.73 per cent and 8.04 per cent respectively. The high call rate is also reflected by the fact that there was a repo trade worth Rs two crore transacted at 7.5 per cent for a term of three days. Liquidity is at a premium, and coupled with poor sentiment, volumes are poor. Among the treasury bills, the 364-day treasury bill, maturing on October 9, was traded for Rs 38 crore at a weighted yield of 9.25 per cent.

Among the dated securities, the 12 per cent 1999 was dealt at a yield of 10.11 per cent. The zero coupon 2000 (series III) was traded for Rs 20 crore at a weighted yield of 11.17 per cent.

The 11.64 per cent government loan, maturing in 2000, was traded for Rs 10 crore at the weighted average yield of 11.16 per cent. At the far end, the 11.75 per cent, 2006, was dealt at a yield of 11.89 per cent while the 12 per cent, 2011, was dealt at a yield of 12.14 per cent.