Yields have increased across various debt instruments over the past year. The 10-year government security yield rose 46 basis points in a month to 7.28%, up from 6.82% at the end of the last fiscal year. Similarly, the 1-year commercial paper rate increased 14 basis points over the past month to 6.94%, compared to 5.20% at the end of the last fiscal year. Most debt instrument yields increased substantially over the past year due to rising interest rates.

1. *Weighted average yields for T-bill and G-sec data. 1 year G-Sec: 4.56% CGL 2023; 3 year G-Sec: 7.59% CGL 2026; 5 year G-Sec: 7.38% CGL 2027; 10
year G-Sec: 6.54% GS 2032. CP: Commercial Paper; CD: Certificate of Deposit; CB: Corporate Bond; Gilt: Government Securities. Source: CRISIL
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Updateon YieldMovements
DEBTWATCH
Particulars
Latest 1 Day Ago 1 Week Ago 1 Month Ago
Last Day of
FY22
Change (bps)
22-Aug-22 19-Aug-22 12-Aug-22 20-Jul-22 31-Mar-22 In a Day In a Week In a Month
From Last
Day of
FY22
Call Rate 4.40% 4.95% 4.75% 4.40% 3.00% -55 -35 0 140
Repo 5.40% 5.40% 5.40% 4.90% 4.00% 0 0 50 140
1 Year Gilt 6.26% 6.26% 6.32% 6.27% 4.32% 0 -6 -1 194
3 Years Gilt 6.84% 6.85% 6.86% 6.86% 5.67% -1 -2 -2 117
5 Years Gilt 6.98% 6.96% 6.99% 7.20% 6.09% 2 -1 -22 89
10 Years Gilt 7.28% 7.27% 7.29% 7.45% 6.82% 1 -1 -17 46
91 Days T-bill 5.56% 5.56% 5.51% 5.39% 3.78% 0 5 17 178
182 Days T-bill 5.97% 5.96% 5.93% 5.84% 4.21% 1 4 13 176
364 Days T-bill 6.18% 6.17% 6.22% 6.19% 4.56% 1 -4 -1 162
1 Month CP 5.80% 5.85% 5.85% 5.55% 4.25% -5 -5 25 155
3 Months CP 6.10% 6.15% 6.10% 5.80% 4.35% -5 0 30 175
6 Months CP 6.43% 6.38% 6.40% 6.30% 4.69% 5 3 13 174
1 Year CP 6.94% 7.00% 7.05% 6.80% 5.20% -6 -11 14 174
1 Month CD 5.50% 5.50% 5.53% 5.07% 3.70% 0 -3 43 180
3 Months CD 5.79% 5.80% 5.84% 5.55% 3.85% -1 -5 24 194
6 Months CD 6.18% 6.17% 6.20% 6.05% 4.28% 1 -2 13 190
1 Year CD 6.60% 6.60% 6.65% 6.55% 4.70% 0 -5 5 190
1 Year AAA CB 6.60% 6.60% 6.60% 6.53% 5.00% 0 0 7 160
3 Year AAA CB 6.97% 6.95% 7.00% 7.13% 5.80% 2 -3 -16 117
5 Year AAA CB 7.18% 7.18% 7.24% 7.37% 6.30% 0 -6 -19 88
10 Year AAA CB 7.60% 7.61% 7.68% 7.82% 7.13% -1 -8 -22 47
1 Year AA CB 8.61% 8.61% 8.61% 8.65% 7.12% 0 0 -4 149
3 Year AA CB 8.98% 8.96% 9.01% 9.25% 7.92% 2 -3 -27 106
5 Year AA CB 9.80% 9.80% 9.86% 10.07% 9.00% 0 -6 -27 80
10 Year AA CB 10.22% 10.23% 10.30% 10.52% 9.83% -1 -8 -30 39
1 Year A+ CB 10.72% 10.72% 10.72% 10.65% 9.12% 0 0 7 160
3 Year A+ CB 11.09% 11.07% 11.12% 11.25% 9.92% 2 -3 -16 117
5 Year A+ CB 11.91% 11.91% 11.97% 12.07% 11.00% 0 -6 -16 91
10 Year A+ CB 12.33% 12.34% 12.41% 12.52% 11.83% -1 -8 -19 50
US 10 Year Yield 3.04% 2.99% 2.79% 3.04% 2.33% 5 25 0 71