Debt Market Snapshot - January 16, 2013 - GEPL Capital

Government Security Market:

- The Inter-bank call money rate traded in the range of 7.95% - 8.15% on Tuesday, ended at 8.05%.

- Total Borrowings From RBI's Repo with banks Taking Rs. 841200 mn on Tuesday Vs. Rs.968300 mn on Monday.

- The benchmark 8.15% GOI 2022 Closed at 7.8315% on Tuesday Vs 7.8001% on Monday.

Global Debt Market:

U.S. government notes rose for a third day as Treasury Secretary Timothy F. Geithner said a failure to increase the debt ceiling by early March would “impose severe economic hardship.

10 Year Benchmark Technical View:

10 year yield likely to move in the range of 7.79% - 7.84% level on Wednesday.

Source : Equity Bulls

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