Call rates fall, bond yields rise

The inter-bank call money rate, the rate at which banks borrow short-term funds from one another to tide over liquidity mismatches, ended lower at 7 per cent against the previous close of 8.8 per cent. Yield on the 10-year benchmark bond maturing in 2024, hardened to 8.51 per cent from its previous close of 8.43 per cent. Yield on the widely traded 8.83 per cent government bond maturing in 2023 (previous benchmark) too hardened to 8.72 per cent from the previous close of 8.70 per cent.

COMMENT NOW