NSE REPORT
Active trading was witnessed in the wholesale debt segment of the National Stock Exchange with call money rates ruling in the region of six to eight per cent, signaling easy liquidity. The WDM clocked a volume of Rs 620.83 crore with 94 trades being reported, of which the treasury bill segment contributed to a volume of Rs 56 crore.
There were four repo deals for 14 days, aggregating to Rs 50 crore, at rates ranging from 10.75 per cent to 11 per cent. The corporate debenture segment also showed volume of Rs 69.64 lakh and 541 trades. The prices of the securities moved up with the drop in the call money rates, said a broker.
The 11.75 per cent gilts maturing in 2001, traded below par at 99.50 till Monday, bounced back and was traded at Rs 100.50 yesterday. It was traded for Rs 80 crore at the weighted yield of 11.67 per cent. The 12.5 per cent government loan maturing in 2004 was traded for Rs 80 crore at the weighted yield of 12.09 per cent, at a low of Rs 101 and a high of Rs 102.25. The certificate of deposit of IDBI maturing on July 17, 1998 was traded for Rs 5 crore at 14 per cent for Rs 94.35.
