10-year G-sec Paper yield closes at 7.78%
The yield on 10-year benchmark federal paper, 7.72% GS 2025, eased by 02
basis points (bps) to 7.78% compared with 7.79% at close in the
previous trading session. The total trading volume on central bank's
gilts trading platform stood at Rs 26,910 crore.
Bond yield closed almost steady as market awaited GDP data for Q1 FY16.
The weighted average rate in the overnight call money increased to 7.13%
compared with 6.19% in previous session. The call money rate hovered in
the range of 5.70% to 7.35% with the volume of Rs 16612.43 crore.