NSE REPORT
The wholesale debt market segment of the National Stock Exchange witnessed moderate trading, with trading volumes standing at Rs 185.35 crore.
The short-term government securities and the treasury bills dominated the day's trades with calls stubborn at 11 per cent. Prominent among them were the 13.50-per cent central government securities maturing in 1997 and 1998.
The 13.50-per cent central government security maturing in 1998 recorded cumulative deals to the tune of Rs 35 crore at a yield of 11.67 per cent.
The trades, to be settled the same day, were struck at a price of Rs 102.74. The other 13.50-per cent paper maturing in 1997, was dealt for Rs 10 crore at 10.67 per cent. The transaction was settled at a price of Rs 102.80. Among the other dated securities to be traded, the newly issued 13.40-per cent central government security maturing in 1999 was conspicuous. The paper was traded for Rs 5 crore at 13.14 per cent.
In the case of 364-day treasury bills, the paper maturing on July 4 was traded for Rs 10 crore at a yield of 10 per cent. Dealers said the price of this security is not moving significantly.
The 91-day treasury bill maturing on March 1 was traded for Rs 5 crore at 9.90 per cent. The deal is to be settled the same day.
