Bond yield eases

10-year G-sec Paper yield closes at 7.56% 

The yield on 10-year benchmark federal paper, 7.72% GS 2025, eased by 02 basis point (bps) to 7.56% compared with 7.58% at close in the previous trading session. The total trading volume on central bank's gilts trading platform stood at Rs 47,770 crore. 

The yield eased on rising demand for sovereign notes by foreign investors. 

The weighted average rate in the overnight call money eased to 6.64% compared with 6.74% in previous session. The call money rate hovered in the range of 5.30% to 6.90% with the volume of Rs 12,636.97 crore.