Yields have increased across various debt instruments over the past month compared to last fiscal year. The 1-year government security yield rose 200 basis points to 6.32%, the 3-year yield increased 124 basis points to 6.91%, and the 10-year yield grew 29 basis points to 7.11%. Commercial paper rates for tenors between 1 month to 1 year also saw substantial rises of 175 to 188 basis points over the last fiscal year.

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
Research. Past performance may or may not be sustained in future.
The information contained herein is only for the purpose of information and not for distribution and do not constitute an offer to buy or sell or solicitation of any offer to buy or
sell any securities or financial instruments in the United States of America (“US”) and/or Canada or for the benefit of US persons (being persons falling within the definition of
the term “US Person” under the US Securities Act, 1933, as amended) or persons residing in Canada.
Mutual Fundinvestmentsaresubject tomarket risks,readallscheme relateddocuments carefully.
Updateon YieldMovements
DEBTWATCH
Particulars
Latest 1 Day Ago 1 Week Ago
1 Month
Ago
Last Day of
FY22
Change (bps)
13-Sep-22 12-Sep-22 06-Sep-22 12-Aug-22 31-Mar-22 In a Day In a Week In a Month
From Last
Day of
FY22
Call Rate 5.10% 4.50% 4.50% 4.75% 3.00% 60 60 35 210
Repo 5.40% 5.40% 5.40% 5.40% 4.00% 0 0 0 140
1 Year Gilt 6.32% 6.29% 6.31% 6.32% 4.32% 3 1 0 200
3 Years Gilt 6.91% 6.91% 6.91% 6.86% 5.67% 0 0 5 124
5 Years Gilt 6.97% 7.00% 7.03% 6.99% 6.09% -3 -6 -2 88
10 Years Gilt 7.11% 7.18% 7.19% 7.29% 6.82% -7 -8 -18 29
91 Days T-bill 5.64% 5.64% 5.59% 5.51% 3.78% 0 5 13 186
182 Days T-bill 6.08% 6.05% 6.04% 5.93% 4.21% 3 4 15 187
364 Days T-bill 6.32% 6.31% 6.29% 6.22% 4.56% 1 3 10 176
1 Month CP 6.00% 6.00% 6.00% 5.85% 4.25% 0 0 15 175
3 Months CP 6.23% 6.16% 6.15% 6.10% 4.35% 7 8 13 188
6 Months CP 6.56% 6.56% 6.53% 6.40% 4.69% 0 3 16 187
1 Year CP 7.00% 7.00% 7.03% 7.05% 5.20% 0 -3 -5 180
1 Month CD 5.75% 5.70% 5.60% 5.53% 3.70% 5 15 22 205
3 Months CD 5.94% 5.90% 5.75% 5.84% 3.85% 4 19 10 209
6 Months CD 6.30% 6.30% 6.25% 6.20% 4.28% 0 5 10 202
1 Year CD 6.77% 6.77% 6.80% 6.65% 4.70% 0 -3 12 207
1 Year AAA CB 6.93% 6.90% 6.90% 6.60% 5.00% 3 3 33 193
3 Year AAA CB 7.13% 7.13% 7.05% 7.00% 5.80% 0 8 13 133
5 Year AAA CB 7.26% 7.26% 7.26% 7.24% 6.30% 0 0 2 96
10 Year AAA CB 7.47% 7.51% 7.55% 7.68% 7.13% -4 -8 -21 34
1 Year AA CB 8.94% 8.91% 8.91% 8.61% 7.12% 3 3 33 182
3 Year AA CB 9.14% 9.14% 9.06% 9.01% 7.92% 0 8 13 122
5 Year AA CB 9.88% 9.88% 9.88% 9.86% 9.00% 0 0 2 88
10 Year AA CB 10.09% 10.13% 10.17% 10.30% 9.83% -4 -8 -21 26
1 Year A+ CB 11.05% 11.02% 11.02% 10.72% 9.12% 3 3 33 193
3 Year A+ CB 11.25% 11.25% 11.17% 11.12% 9.92% 0 8 13 133
5 Year A+ CB 11.99% 11.99% 11.99% 11.97% 11.00% 0 0 2 99
10 Year A+ CB 12.20% 12.24% 12.28% 12.41% 11.83% -4 -8 -21 37
US 10 Year Yield 3.42% 3.36% 3.34% 2.79% 2.33% 6 8 63 109