Inter-bank call money rate traded in the range of 6.90% to 7.40% on Thursday - GEPL Capital

The Inter-bank call money rate traded in the range of 6.90% to 7.40% on Thursday, ended at 7.30%.

Total Borrowings From RBI's Repo with banks Taking Rs.597250 mn on Thursday Vs Rs.566850 mn on Wednesday.

The benchmark 7.16% GOI 2023 Closed at 7.4701% on Thursday Vs 7.5214% on Wednesday.

German bonds rose, with 10-year yields approaching a three-week low, after Federal Reserve Chairman Ben S. Bernanke said the U.S. economy still needed monetary stimulus, boosting demand for fixed-income assets.

10 year (7.16% GOI 2023 ) yield likely to move in the range of 7.45% - 7.49% level on Friday.

Source : Equity Bulls

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