Traded Volume At Rs 346.85 Crore

NSE REPORT

The wholesale debt market (WDM) at the National Stock Exchange clocked trades worth Rs 346.85 crore yesterday. Of this, the quantum of trade in repo deals was Rs 132 crore. The total value of debentures traded was Rs 270.40 lakh. The inter-bank money market continued to be tight with the average call rate in the region of 70 per cent.

Among dated securities, the 13.50 per cent 1998 was traded for Rs 40 crore at a weighted yield of 26.79 per cent. The 14 per cent 2005 was dealt for Rs 15 crore at a weighted yield of 13.99 per cent. In the treasury bills segment, the 364-day T-bill maturing on April 10, 1998 was traded for Rs 131 crore at a weighted yield of 26.15 per cent. Repo deals were struck for a period of 4-14 days in the 13.70 per cent 1999, 12.14 per cent 2000, 12.59 per cent 2004, and 364-day treasury bills.

Among corporate debentures, the Reliance 14 per cent 2000, was dealt for Rs 199.59 lakh at a yield of 14.74 per cent. The Reliance Petro paper was dealt for Rs 50.26 lakh at a yield of 18.63 per cent while the Tisco 1999 SPN was dealt for Rs 13.69 lakh at a yield of 16.93 per cent. Altogether there were 564 deals and the traded quantity was 51,7460.