Trading Volumes Dip To Rs 92.79 Crore

Trading volumes declined sharply in the debt market segment of the National Stock Exchange to Rs 92.79 crore yesterday.

This was against a high of Rs 218.84 crore recorded on Wednesday when foreign banks had purchased gilts in a big way.

This happened as call money rates eased marginally and ruled in the range of 10.25 per cent to 10.75 per cent. The 13.62-per cent 1998 central government security was traded at a weighted yield of 13.38 per cent for Rs 20 crore.

The 91-day Treasury bill maturing on November 30 was traded at 10.30 per cent for a total amount of Rs 10 crore.

 

The zero-coupon bonds maturing in 1999 and 2000 were traded at weighted yields of 13.99 per cent and 14.09 per cent.

While the former was traded for a total of Rs 10 crore, the latter saw deals agggregating to Rs 18 crore. Corporate debentures were traded for a total of Rs 18.98 lakh.

There were 24 deals of the IDBI deep 2021 discount bond which were traded between Rs 5,400 and Rs 5,450 at an indicative yield of 16.63 per cent.

The zero- per cent 2001 Reliance Petro debentures were traded between Rs 18.30 and Rs 18.65. The total number of deals in this instrument were 40,400.