11.55% 2001 Dealt For Rs 225 Crore

NSE REPORT

Traded volume in the wholesale debt market segment of the National Stock Exchange (NSE) yesterday increased to Rs 597.37 crore compared with Rs 391.86 crore the previous day. The volume in active government stocks saw a surge with a total volume of Rs 490 crore.

Dealers said there was lot of selling-pressure in the market with some major price erosion. With this the yield curve was seen moving upwards across the board, including the ten-year paper. They said the pessimistic sentiment that was seen in the previous day got intensified. More than half of the market volume in government papers was seen in the three-year paper. The 11.55 per cent paper maturing in 2001 was dealt for Rs 225 crore in the price range of Rs 100.01-100.12 giving a yield of 11.47 per cent. Over the past two days the paper has lost 4 paise.

 

The 11.40 per cent 2000 was traded for Rs 85 crore in the price range of Rs 100.08-100.10 giving a yield of 11.33 per cent, while the 11.75 per cent 2001 was dealt for Rs 50 crore at a 11.47 per cent yield. Over the past two days the stock has lost 9.5 paise.

A Rs 45-crore worth trade was witnessed in the 11.68 per cent 2002 at a 11.62 per cent yield, while the 9.50 per cent 2008 was dealt for Rs 10 crore at a 12.27 per cent yield.

A day before a paper of similar maturity was dealt at a 12.21 per cent yield.

The zero coupon 2000 (series-III) was traded for Rs 10 crore at a 11.30 per cent yield.

The 91-day treasury bill maturing on March 6 was traded for Rs 19 crore at a 9.35 per cent yield. The commercial paper of Tata Chemicals maturing on April 4 was traded for Rs 5 crore at a 10.87 per cent yield.