18 december 2004

rupee eases off as bonds rally
mumbai: after rising for four consecutive sessions, the rupee ended at 43.96/97 against the dollar, about five paise weaker than previous finish at 43.91/92.

forwards market: the six-month annualised premium ended at 2.11 per cent (2.15 per cent) while the one-year premium finished at 1.48 per cent (1.50 per cent).

call rates: in the range between 5.10 per cent and 6 per cent.
cblo market: rates were in the range of 5.78 to 6 per cent for bids worth nearly rs5,300 crore.

g-secs: the yield on the benchmark 7.38 per cent 2015 paper ended at 6.73 per cent. in the 7.55 per cent 2010 paper, the yield went up to 6.47 per cent towards close.