NSE REPORT
The wholesale debt market at the National Stock Market (NSE) has clocked a low volume of Rs 148.35 crore yesterday. Of this, the corporate debenture segment accounted to trades worth Rs 269.75 lakh.
There was not much trading interest seen in the market yesterday, said a NSE broker at the debt segment. Perhaps, no one is willing to take a view over the interest rate. This is evident from the fact that there were just two deals reported for the 364-day treasury bills, he added.
There were just 23 trades reported in the government securities segment, while the corporate debentures segment reported 455 trades on the NSE screen yesterday. The inter-bank call rates opened in the range of five per cent to six per cent and closed at a lower range of 3.50 per cent to four per cent.
The 10.85 per cent government loan maturing in 2001 was traded for Rs 25 crore at a weighted yield of 11.05 per cent. The 13.62 per cent gilt maturing in 1998 was traded for Rs 15 crore at a weighted yield of 8.52 per cent. The paper was traded in the Rs 104.28-104.15 band for the day. The 12.59 per cent paper maturing in 2004 was traded for Rs 15 crore at a weighted yield of 11.43 per cent.
