Inter-bank call money rate closed at 9.45% - GEPL Capital

The Inter-bank call money rate traded in the range of 9.30% to 10.00% on Monday, ended at 9.45%.

Total Borrowings From RBI's Repo with banks Taking Rs. 403160 mn on Monday Vs Rs. 359640 mn on Friday.

The benchmark 7.16% GOI 2023 Closed at 8.6833% on Monday Vs. 8.6134% on Friday.

German government bonds rose with haven assets around the world after U.S. Treasury Secretary said Congress needs to increase the debt ceiling by Oct. 17 or the nation risks defaulting on its payments.

10 year (7.16% GOI 2023) yield likely to move in the range of 8.65–8.70% level on Tuesday.

Source : Equity Bulls

Keywords