10-year G-sec Paper yield closes at 7.69%
The yield on 10-year benchmark federal paper, 8.40% GS 2024, eased by 03
basis points to close at 7.69% compared to 7.72% at close in the
previous trading session. The total trading volume on central bank's
gilts trading platform stood Rs 66,160 crore.
Bond yield eased amid investors buying bonds to cover short positions.
The weighted average rate in the overnight call money eased to 7.88%
compared with 7.89% in previous session. The call money rate hovered in
the range of 5.00% to 8.25% with the volume of Rs 13,924.93 crore.