Delhi MCD Election Results 2017

Source: media reports

Money Market Update

Money Market Update
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First Published: Thu, May 14 2009. 10 26 AM IST

Updated: Thu, May 14 2009. 10 26 AM IST
G-sec Market: The benchmark 10-year security 6.05% GOI 2019 opened at Rs 98.25 implying a yield of 6.29% lower than previous close of 6.33%.
Market participants would be looking forward to cut-offs in G-sec auction and reading on WPI based inflation. The G-sec yields are likely to trade rangebound between 6.30% – 6.45%.
Money Market: The Call rate and CBLO rate opened at 3.25% and 2.50% respectively. The money market rates are expected to continue to remain soft tracking substantial liquidity in the system.
Swap Market: The 5Y OIS swap rate opened at 5.67% compared to previous closing levels of 5.70%. The OIS swap rates are expected to trade rangebound tracking the movement in G-sec yields.
Forex Market: The INR opened at Rs49.94 against the USD compared to previous closing level of Rs49.70. Rupee is expected to trade in the range of 49.60 – 50.20.
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First Published: Thu, May 14 2009. 10 26 AM IST