Thursday, October 15, 2015

Bond yield unchanged

10-year G-sec Paper yield closes at 7.55% 

The yield on 10-year benchmark federal paper, 7.72% GS 2025, closed steady at 7.55% same as close in the previous trading session. The total trading volume on central bank's gilts trading platform stood at Rs 39,010 crore. 

The yield closed little changed in absence of any major trigger in the market. It slumped to 7.51% on 05 October, the lowest close for benchmark 10-year debt since July 2013. 

The weighted average rate in the overnight call money eased to 6.65% compared with 6.89% in previous session. The call money rate hovered in the range of 5.30% to 7.40% with the volume of Rs 13,309.28 crore.