17 september 2004

gilts move up as rupee slips
mumbai: the rupee ended at 45.86/88 against the us dollar. it had closed at 45.8550/8650 on wednesday.

forwards market: the six-month forward finished at 1.70 per cent (1.52 per cent) while the twelve-month forward closed at 1.45 per cent (1.40 per cent).

g-secs: the 11-year benchmark 7.38 per cent 2015 paper finished higher at rs.109.65 with the yield at 6.16 per cent. the 10-year benchmark 7.37 per cent 2014 paper closed at rs.109.

call rates: easy in the range of 4.30-4.50 per cent.