12.59% Govt Loan Dealt At Rs 140 Cr

NSE REPORT

The wholesale debt market of National Stock Exchange witnessed trades worth Rs 524.78 crore yesterday as against the previous days trade of Rs 881.23 crore. There was demand for corporate debentures in the market, said a dealer. Corporate debentures accounted to trades worth Rs 849.10 lakh compared to Rs 682.13 lakh on the previous trading day.

There were 674 trades recorded in the corporate debenture segment as against 61 trades in the government securities segment.

The newly issued 2005 11.19 per cent government loan was traded for Rs 65 at a weighted yield of 11.09 per cent.

The highest trade was recorded for the 12.59 per cent government loan maturing in 2004 that accounted for trades worth Rs 140 crore and 17 trades were reported. This was followed by the 10.85 per cent 2001 government loan, traded for Rs 65 at a weighted yield of 10.64 per cent and 11 trades were reported for the paper.

The zero coupon government bond maturing in 2000 was traded at 10.34 per cent.

In the corporate debenture segment, the zero per cent Reliance Petro PPD was actively traded with 487 trades being reported on the NSE screen.

The 15 per cent Mahavir Spinning 2002 and zero per cent Reliance Caps 1997 accounted to highest trade amounting to Rs 523.93 lakh and Rs 240.23 lakh.