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TREASURY UPDATE – FORTNIGHT ENDED 19th April 2024
LIQUIDITY WATCH:
Liquidity Indicators Open High Low Close
TREPS (%) 6.26 6.75 5.95 6.49
CALL (%) 6.00 6.75 5.00 6.25
(Rs in Cr) 19th April 24 12th April 24
Fixed Rate Repo / LTRO at 4.00-5.15% 7,100.00 7,100.00
Standing Deposit Facility at 6.25% 1,32,490.00 94,097.00
Variable Rate Repo 0.00 0.00
Variable Rate Reverse Repo at 6.49% 75,001.00 5,511.00
Marginal Standing Facility/SLF 12,007.66 11,896.33
Net System Liquidity 38,381.34 80,611.67












MONEY MARKET (%)
T-Bill Cut-off Current Previous
91 – Days 6.8752 6.8702
182- Days 7.0301 7.0297
364 – Days 7.0582 7.0490
Certificate of Deposits Yield 19th April 24 12th April 24
3-Months 7.10 7.15
1-year 7.48 7.45
Commercial Paper Yield 19th April 24  12th April 24
3-Months 7.15 7.25
1-year 7.55 7.55

DEBT MARKET
GOVERNMENT SECURITIES (%)
Security Open High Low Close
CG 2028 (5-Year) 7.11 7.23 7.09 7.23
CG 2033 (10- Year) 7.14 7.23 7.11 7.23





INFLATION:
Inflation  
 
Period
Category Y.O.Y (%) Previous Month figures (%) Same period last year (%)
Wholesale Price Index (WPI) Mar-2024 All Commodities 0.53 0.20 1.34
Consumer Price Index (CPI) Mar-2024  
Combined
4.85 5.09 5.66

KEY EVENTS AHEAD:
FOMC Policy

01st May, 2024

 IIP Data

10th May, 2024

 CPI Data

13th May, 2024

 WPI Data

14th May, 2024

GDP

31st May, 2024


TREASURY BOND YIELDS (%)

 
19th April, 24 12th April, 24
US 10-Year 4.40 4.20
UK 10-Year 4.07 3.93





19th April, 24 12th April, 24
US Fed Funds Rate 5.25-5.50 5.25-5.50
Euro Central Bank 4.50 4.50
Bank of England 5.25 5.25
Bank of Japan 0.10-0.0 0.10-0.00