Debt Market Snapshot - March 14, 2013 - GEPL Capital

Government Security Market:

The Inter-bank call money rate traded in the range of 7.60% to 7.90%on Wednesday, ended at 7.90%.

Total Borrowings From RBI's Repo with banks Taking Rs.968100 mn on Wednesday Vs Rs. 1085600 mn on Tuesday.

The benchmark 8.15% GOI 2022 Closed at 7.9036% on Wednesday Vs 7.8883% on Tuesday.

Global Debt Market:

US Treasuries held their biggest gain in two weeks as the US prepared to auction $21 billion of 10- year notes.

10 Year Benchmark Technical View:

10 year yield likely to move in the range of 7.87% - 7.91% level on Thursday.

Source : Equity Bulls

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