10-year G-sec Paper yield closes at 7.90%
The yield on 10-year benchmark federal paper, 8.40% GS 2024, increased
by 01 basis point to close at 7.90% compared to 7.89% at close in the
previous trading session. The total trading volume on central bank's
gilts trading platform stood Rs 41,625 crore.
Bond yield increased on depreciating Rupee and geopolitical concerns in Eurozone.
The weighted average rate in the overnight call money eased to 7.95%
compared with 8.33% in previous session. The call money rate hovered in
the range of 6.50% to 8.50% with the volume of Rs 9159.10 crore.