NSE REPORT
Activity at the wholesale debt market in the National Stock Exchange remained subdued for the second consecutive day yesterday. The debt segment clocked trades worth Rs 162.93 crore, of which the corporate debentures contributed Rs 614.14 lakh.
Inter-bank call rates remained in the five per cent to six per cent range for the day. Although there was some inquires for papers having shorter tenure, it appears as if no one wants to take a view over the interest rate movement, A NSE broker said.
There were 34 trades reported in the government securities segment and 688 in the corporate debentures segment on the NSE screen.
The 364-days treasury bill maturing in September 26, 1997, was traded for Rs 30 crore for a weighted yield of 5.50 per cent at Rs 99.74. The 364-days treasury bill maturing on July 3, 1998, was traded for Rs 15 crore at a weighted yield of 8.43 per cent.
The 13.50 per cent government loan maturing in 1998 was traded for Rs 20 crore at a weighted yield of 8.49 per cent. The paper was traded for a low of Rs 102.80 and at a high of Rs 102.95. The 12.14 per cent gilt maturing in 2000 and the 11.83 per cent paper maturing in 2003 were traded for Rs 15 crore, each.
At a weighted yield of 10.84 per cent and 11.29 per cent respectively.
