25 september 2004

bonds gain - rupee rises
mumbai: the rupee closed higher at 45.90/91 against the dollar on friday against its previous close of 45.92 per dollar.

forwards market: the six-month forward closed at 1.82 per cent (1.81 per cent). the 12-month forward finished at 1.54 per cent (1.52 per cent).

g-secs: the 11-year benchmark 7.38 per cent 2015 per cent paper closed at rs110.25 at a yield of 6.08 per cent. the 10-year benchmark 7.37 per cent 2014 paper closed at rs109.60 at a yield of 6.04 per cent, lower than previous yield of 6.05 per cent.

call rates: in the range of 4.50- 4.60 per cent.