Re ends lower at 46.32/$

MARKETS REPORT

Prices of government securities remained rangebound within 5-6 paise.

The yield on the 10-year paper closed at 8.35 per cent.

Call rates were comfortable at 5.8/5.9 per cent, while the RBI absorbed around Rs 44,000 crore from the system.

Corporate bond market witnessed numerous upper Tier II issues from banks.

The 10-year state development loan got sold at 8.65 per cent, except for Rajasthan that fetched a rate of 8.62 per cent.