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Bonds close mixed, call rate recovers

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Press Trust of India Mumbai
Last Updated : Jan 20 2013 | 12:46 AM IST

Government securities closed mixed on alternate bouts of buying and selling, while call rate recovered on the overnight call money market here today on lack of surfeit of liquidity in the banking system.

The 7.02 per cent government security maturing in 2016 edged up to Rs 96.82 from Rs 96.80, while its yield eased to 7.66 per cent from 7.67 per cent previously.

However, the 8.20 per cent government security maturing in 2022 dropped further to Rs 100.34 from Rs 100.53, while its yield rose to 8.15 per cent from 8.13 per cent.

The 6.35 per cent government security maturing in 2020 also declined to Rs 88.58 from Rs 88.64, while its yield inched up to 8.07 per cent from 8.06 per cent.
    
The 7.38 per cent government security maturing in 2015, the 8.26 per cent government security maturing in 2027 and the 7.27 per cent government security maturing in 2013 closed at Rs 99.02, Rs 98.51 and Rs 101.70, respectively.
    
The overnight call money rate recovered sharply to close at 3.70 per cent from 3.50 per cent on last Friday after moving in a range of 4.05 per cent and 3.00 per cent.
    
The Reserve Bank of India (RBI) under the Liquidity Adjustment Facility (LAF) collected Rs 48,290 crore from 36 bids at one day reverse repo auction at the rate of 3.75 per cent.

 

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First Published: Apr 26 2010 | 6:25 PM IST

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