Market highlights as follows:
- 10 Yr Gsec benchmark yields rose by 2bps on a weekly basis.
- New 40 Gsec 2064 auction cut-off stood at 7.34%.
- Geo-political tensions between Israel and Iran would increase market volatility.
- The 1 year T-bill auction witnessed a slight rise in cut-off rate on a weekly basis.
- Domestic banking liquidity recorded a surplus of Rs. 1306 billion.
- INRBonds retail high yielding index yield rose by 1 bps.
- US Fed chair Powell stated that inflation data shows lack of further progress and high rates likely to persist for longer if required.
- 10 Yr UST yield touched 4.6% post comments from Fed chair.
|
Market Data | |||
|
Particulars |
19/4/2024 |
12/4/2024 |
Change |
|
10 Yr Benchmark Gsec (%) |
7.16% |
7.14% |
2 bps |
|
Banking Liquidity (in Rs Billion) |
1306 |
794 |
64.48% |
|
5 Yr OIS (%) |
6.62% |
6.55% |
7 bps |
|
1 Yr OIS (%) |
6.91% |
6.86% |
5 bps |
|
INRBonds Retail High Yield Index |
9.74% |
9.72% |
1 bps |
|
Nifty |
22147 |
22519 |
-1.65% |
|
10 Yr SDL |
7.48% |
7.47% |
1 bps |
|
91 Day T-Bill (%) |
6.86% |
6.87% |
-1 bps |
|
182 Day T-Bill (%) |
7.02% |
7.03% |
-1.01 bps |
|
10 Yr US Treasury Yield (%) |
4.62% |
4.52% |
10 bps |
|
US Junk Bond Yield (%) |
8.13% |
7.87% |
26 bps |
|
Brent Crude Oil (In USD per Barrel) |
87.29 |
90.45 |
-3.49% |
|
Primary & Secondary Corporate Bonds Data | |||
|
Top 5 Secondary Retail Trades |
Maturity |
Yield |
- |
|
Tata Realty and Infrastructure |
17-07-2024 |
7.55% |
|
|
SIDBI |
10-02-2026 |
7.80% |
|
|
NBARD |
01-08-2025 |
7.74% |
|
|
Spandana Sphoorthy |
02-04-2026 |
11.08% |
|
|
Kotak Mahindra Prime |
20-09-2024 |
7.75% |
|
|
Currency Market Data | |||
|
Particulars |
19/4/2024 |
12/4/2024 |
Change |
|
USD/INR |
83.37 |
83.616 |
-0.29% |
|
DXY |
106.12 |
106.01 |
0.10% |
|
USD/ Brazil Real |
5.225 |
5.15 |
1.46% |
|
EUR/ USD |
1.0655 |
1.0638 |
0.16% |
|
USD/CNY |
7.24 |
7.2373 |
0.04% |
|
USD/JPY |
154.65 |
153.29 |
0.89% |
|
USD/ Russian Ruble |
93.14 |
93.275 |
-0.14% |