Inter-bank call money rate trades in range of 7.35% to 7% on Tuesday - GEPL Capital

The Inter-bank call money rate traded in the range of 7.35% to 7.00% on Tuesday, ended at 7.15%.

Total Borrowings From RBI's Repo with banks Taking Rs.755450 mn on Tuesday Vs Rs.775900 mn on Monday.

The benchmark 7.16% GOI 2023 Closed at 7.3023% on Tuesday Vs 7.2785% on Monday.

U.S. Treasuries fell for a third day before the government sells $32 billion of three-year notes and amid speculation the Federal Reserve and other central banks are considering reductions in their bond purchases.

10 year (7.16% GOI 2023 ) yield likely to move in the range of 7.27% - 7.31% level on Wednesday.

Source : Equity Bulls

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