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Trading Volumes Rise To Rs 107.88 Crore

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BSCAL

The wholesale debt market segment of the National Stoack Excahnge witnessed trades to the tune of Rs 107.88 crore,

marginally higher than Wednesday's figures.

Trading activity picked up on a day when the calls hovered between 9 and 10 per cent.

A few transactions were said to have taken place even at a higher rate of 10 per cent.

Dominating the day's trade were the 364-day treasury bills and the 13.70-per cent central government security maturing in 1999.

The one-year paper maturing on October 10 1997 saw a cumulative deal for Rs 34 crore at a yield of 12.50 per cent.

 

These deals, to be settled the same day, were concluded at a price of Rs 89.07.

This was followed by another transaction for Rs 5 crore in the same paper at a yield of 12.47 per cent. The deal is to be settled after one day.

The 13.70-per cent central government security maturing in 1999 was also traded for Rs 5 crore at a yield of 13.45 per cent.

The IFCI certificate of deposit (CD), which is to mature on January 24 1997, was traded for Rs 5 crore at a yield of 13 per cent.

The deal, to be settled the same day, was wrapped up at a price of Rs 96.59.

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First Published: Oct 18 1996 | 12:00 AM IST

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