10-year G-sec Paper yield closes at 7.55%
The yield eased and bonds advanced for a second day on signs global funds are snapping up the nation's debt after being allowed greater access to the market. Foreign holdings of rupee-denominated government and corporate notes climbed 69.41 billion rupees in the last two days, the most since August 2014, as per the data from the National Security Depository.
The weighted average rate in the overnight call money eased to 6.89% compared with 6.64% in previous session. The call money rate hovered in the range of 5.30% to 7.40% with the volume of Rs 15,617.79 crore.