10-yr G-sec yield ends above 7%; Re steady

The spot rupee closed on a steady note at 43.76 per dollar today.

The rupee is expected to open in the range of 43.76-79 per dollar on Monday.

Sentiment continued to be bearish in the government securities market today.

Yield on the 10-year, 7.38% 2,015 bond closed at 7.02% as against 6.96% on Thursday.

Call rates were steady at 4.70%, and reverse repo bids were around  Rs 27,000 crore.