Prices of long-term securities fell by 20-25 paise, while the medium-term papers fell 5-10 paise.
Call rates hovered around 4.25 per cent and even slipped down amidst abundant liquidity
Repo subscription touched around Rs 29,000 crore
The benchmark ten years paper 7.27 per cent 2103 closed around 5.13 per cent.
Ample liquidity in the system amid modest demand kept call rates easy.
Forex market
Market Sentiment: Weak
Global appreciation of dollar and month-end demand pushed down the spot rupee to close at 45.93 after opening at 45.92.
Excessive demand for cash dollars pushed down the forward dollars to discount with the one-month, three-month and six-month forwards closing at a discount of 4 per cent, 1.3 per cent and 0.25 per cent.
Outlook
The spot rupee is expected to open at 45.92/93 on Thursday.
