Inter-bank call money rate traded in the range of 7 to 7.30% - GEPL Capital

The Inter-bank call money rate traded in the range of 7.00% to 7.30% on Tuesday, ended at 7.10%.

Total Borrowings From RBI's Repo with banks Taking Rs.510650 mn on Tuesday Vs Rs.1372000 mn on Monday.

The benchmark 7.16% GOI 2023 Closed at 7.5483 % on Tuesday Vs 7.5720% on Monday.

US Treasury three-year notes yielded more than double their levels in May before the U.S. sells $32 billion of the securities today, having risen on speculation the Federal Reserve is preparing to reduce debt purchases.

10 year (7.16% GOI 2023 ) yield likely to move in the range of 7.52% - 7.56% level on Wednesday.

Source : Equity Bulls

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