New 10-year G-sec Paper yield closes at 7.78%
The yield on 10-year benchmark federal paper, 8.40% GS 2024, closed
steady at 7.96% same as close in the previous trading session and the
new 10-year benchmark federal paper, 7.72% GS 2025, yield also closed
steady at 7.78%, same as close in the previous trading session. The
total trading volume on central bank's gilts trading platform stood at
Rs 40,235 crore.
Bond yields close steady as the market eye the CPI inflation data due next week amid global volatilities and good monsoon.
The weighted average rate in the overnight call money increased to 7.07%
compared with 7.02% in previous session. The call money rate hovered in
the range of 5.70% to 7.25% with the volume of Rs 11,460.80 crore.