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

The Inter-bank call money rate traded in the range of 8.95% to 9.15% on Thursday, ended at 8.95%.

Total Borrowings From RBI's Repo with banks Taking Rs.405220 mn on Thursday Vs Rs. 400610 mn on Tuesday.

The benchmark 7.16% GOI 2023 Closed at 8.6021%on Thursday Vs. 8.6598 % on Tuesday.

German bonds led gains in European government securities on bets the budget debate that threatened a U.S. default will prompt the Federal Reserve to postpone slowing stimulus, boosting the appeal of fixed-income assets.

10 year (7.16% GOI 2023) yield likely to move in the range of 8.58-8.64% level on Friday.

Source : Equity Bulls

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