12.59% Gilt Traded For Rs 92 Crore

NSE REPORT

The wholesale debt market (WDM) at the NSE clocked volume of Rs 781.10 crore and recorded 130 trade yesterday.

A hectic trading activity was witnessed in the government securities market as a clear signal of interest rate heading south is given by Reserve Bank of India, felt brokers.

The 12.59 per cent government loan maturing in 2004 was in high demand witnessing trade worth Rs 92 crore. There were 15 trades done for the paper at the weighted yield of 11.20 per cent. The paper was traded at the low of Rs 105.75, high of Rs 106.47 before closing at Rs 106.35.

The 10.85 per cent government loan maturing in 2001 too was in demand showing 15 trades and accounting for a volume of Rs 85 crore at the weighted yield of Rs 10.75 per cent.

The 11.15 per cent government loan maturing in 2002 was traded for Rs 65 crore at the weighted yield of 11.01 per cent. The 11.19 per cent government loan maturing in 2005 was traded for Rs 80 crore at the weighted yield of 11.17 per cent. The paper was traded at the low of Rs 99.80 and closed at a high of Rs 100.05 for the day.

The 12.14 per cent government loan maturing in 2000 was traded for Rs 25 crore at the weighted yield of Rs 10.29 per cent. It was traded at the low of Rs 103.80 and high of Rs 104.40 for the day.