The wholesale debt market of the National Stock Exchange (NSE) witnessed dull trading yesterday with deals worth Rs 114.68 crore being struck.
The inter-bank call money rates which closed at 3 per cent on Saturday went up to touch 6 per cent levels yesterday.
Three year papers remained in the limelight as the 13.50 per cent central government security maturing in 1999 saw deals to the tune of Rs 15 crore.
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The deals were concluded at Rs 101.60 and will be settled the same day. During the day the security saw a climb down of prices as call remains on the higher side.The zero coupon government security maturing in 2000 was traded for Rs 30 crore at 13.26 per cent levels.
One deal which is to be settled the same day was struck for Rs 15 crore at a yield of 13.25 per cent . Another deal for Rs 10 crore was struck in the same security for Rs 64.45. This deal is to be settled after one day.
The 12 per cent central government security maturing in 2000 was traded for Rs 10 crore at 12.67 per cent.
The 91-day treasury bill maturing on April 5 was traded for Rs 5 crore at 7.58 per cent.
The 364-day treasury bill maturing on January 30, 1998 was also traded for Rs 5 crore.