Inter-bank call money rate ends at 8.95% on Tuesday - GEPL Capital

The Inter-bank call money rate traded in the range of 8.95% to 9.10% on Tuesday, ended at 8.95%.

Total Borrowings From RBI's Repo with banks Taking Rs. 402660 mn on Tuesday Vs Rs. 403160 mn on Monday.

The benchmark 7.16% GOI 2023 Closed at 8.4957% on Tuesday Vs. 8.6833% on Monday.

U.S.Treasury bill rates rose as investors sought compensation for the risk of a U.S. default should Congress fail to increase the borrowing limit by Oct. 17.

10 year (7.16% GOI 2023) yield likely to move in the range of 8.43–8.49% level on Wednesday.

Source : Equity Bulls

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