NSE REPORT
The wholesale debt market (WDM) at the National Stock Exchange (NSE) clocked a volume of Rs 205.20 crore to which the treasury bills contributed Rs 25 crore.
"It was a dull day with most of the market players speculating about the interest rate movement," said a broker.
There were two repo deals for Rs 80 crore for three days, with the 12.59 per cent gilts maturing in 2004 being at the rate of 11.75 per cent and the 13.55 per cent papers maturing in 2001 at the rate of 10.45 per cent. Yet another repo deal was concluded for the 13.50 per cent gilt maturing in 1998 for an aggregate amount of Rs 7 crore at the rate of 9.25 per cent.
In the corporate debenture segment, only one deal was concluded which was for the 14 per cent Reliance Industries bond aggregating to Rs 5 crore and traded at the yield of 15.26 per cent.
A bulk deal was done for the 364-day treasury bill maturing on April 24 for an aggregate amount of Rs 25 crore at the rate of Rs 97.80 which translates to a yield of 12.40 per cent.
The 11.25 per cent government loan maturing in 2005 was traded for Rs 25 crore at the weighted average yield of 12.15 per cent.
It was traded for a low of Rs 95.50, touched a high of Rs 95.95, before closing at Rs 95.85.
