Traded Volume At Rs 468.53 Crore

NSE REPORT

The wholesale debt market (WDM) at the National Stock Exchange (NSE) witnessed rise in yields as prices of government securities crashed and overnight call money rates closed at a high of 55 per cent.

The debt segment clocked a trading volume of Rs 468.53 crore of which repo deals amounted to trades worth Rs 177 crore yesterday.

The treasury bills segment witnessed a traded volume of Rs 136.76 crore with trades being done in the 17.05-20 per cent band.

The repo deals in the treasury bill segment were done for a term of 14-days at the rate of 11 per cent, while in the case of dated government securities repo deals were concluded for a term of five to nine days at the rate of 28 to 30 per cent.

A repo deal for Rs 35 crore was concluded for five days at the rate of 28 per cent for the 14 per cent gilts maturing in 2005.

The treasury bill maturing in October 9 was traded for Rs 35 crore at a weighted average yield of 17.05 per cent.

The treasury bills maturing on February 1998 was traded for Rs 10 crore at a weighted yield of 20 per cent and was traded for Rs 98.11.