Traded Volumes At Rs 312.37 Crore

NSE REPORT

The wholesale debt market at the National Stock Exchange (NSE) has clocked a volume of Rs 312.37 crore yesterday. Of this, the debentures segment accounted for trades worth Rs 54.65 lakh and the repos were traded for Rs 166.25 crore. The inter-bank call rates remained in the range of 9.50-10.50 per cent during the day.

The appetite for the treasury bills is slowly disappearing from the market as the call money market has remained steady in the region of 9-10 per cent for the last few days, said a NSE broker.

There was bulk deal for the 11.19 per cent government loan maturing in 2005, accounting to trades worth Rs 166.25 crore. It was a repo trade for a term of three days at 10 per cent.

The 12.59 per cent gilt maturing in 2004 witnessed seven trades, clocking a volume of Rs 32 crore. The paper was traded at a weighted yield of 11.74 per cent. The price of the paper touched a low of Rs 103.50 and high a of Rs 104.02 before closing at Rs 103.90.

The 13.40 per cent government loan was in demand and garnered a volume of Rs 25 crore at a weighted yield of 10.67 per cent. The 13.12 per cent security maturing in 1999 was traded for Rs 20 crore at a weighted yield of 10.55 per cent.