12.59% Paper Traded For Rs 42 Crore

NSE REPORT

The trading at the wholesale debt segment of the National Stock Exchange (NSE) was subdued and was placed at Rs 385.51 crore yesterday.

There was no deals in the inter-bank call money markets on account of half-yearly close at the RBI.

The markets were quite dull and there was some selling pressure and prices of the benchmark securities reacted by 10 to 15 paise said a money market dealer.

The deals were concentrated in the 12.59 per cent government loan maturing in 2004 and the 12.14 per cent loan maturing in 2000.

The 12.59 per cent loan maturing in 2004 saw eight deals for Rs 42 crore, at a yield of 12.45 per cent. The 12.14 per cent paper saw deals for Rs 20 crore at 11.29 per cent.

The other deals of major volumes were the 13.5 per cent security, maturing this year for Rs 42 crore at 7.9 per cent yield .

Treasury bills saw deals for Rs 147 crore taking place and the 364 day bills changed hands for Rs 140 crore.

The corporate debentures segment witnessed activity for Rs 5.04 crore, of which, the deals for the 15.75 per cent Reliance Capital debentures were at Rs 4.09 crore at a yield of 15.45 per cent. The zero per cent debentures of Reliance Petro changed hands for Rs 81.91 lakh at 19.19 per cent yield.