10 year (8.83 GOI 2023) yield likely to move in the range of 8.84%-8.88% - GEPL Capital

The Inter-bank call money rate traded in the range of 7.75% to 8.60% Friday, ended at 7.75%.

Total Borrowings From RBI's Repo with banks Taking Rs.384500 mn on Monday Vs Rs.302240 mn on Friday.

The benchmark 8.83% GOI 2023 closed at 8.8653% on Monday Vs. 8.9111% on Friday.

US Treasuries advanced for a second day as a slowdown in Chinese manufacturing growth increased demand for the relative safety of government debt.

10 year (8.83 GOI 2023) yield likely to move in the range of 8.84%-8.88% level on Tuesday.

Source : Equity Bulls

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