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Bonds continue to rule firm

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Press Trust of India Mumbai
Last Updated : Jan 20 2013 | 12:57 AM IST

Government securities continued to rule firm while its yield eased on sustained buying from banks and corporates.


The call rate on the overnight call money market today ended at 5.40 per cent after moving in a range of 5.50 per cent and 4.00 per cent.


The 8.20 per cent government security maturing in 2022 improved further to Rs 102.00 from Rs 101.81 previously while its yield declined to 7.93 per cent from 7.96 per cent.


The 7.17 per cent government security maturing in 2015 edged up to Rs 100.00 from Rs 99.90 while its yield eased to 7.17 per cent from 7.19 per cent previously.


The 7.02 per cent government security maturing in 2016 rose to Rs 97.17 from Rs 97.08 while its yield looked softened to 7.60 per cent from 7.62 per cent.


The 6.85 per cent government security maturing in 2012 and the 8.28 per cent government security maturing in 2032 also closed up at Rs 101.1050 and Rs 100.59, respectively while 7.80 per cent government security maturing in 2020 ended slightly lower at 101.58 from Rs 101.64.

The Reserve Bank of India (RBI) under the Liquidity Adjustment Facility (LAF) mopped up Rs 315 crore from two bids at one-day reverse repo auction at a fixed rate of 3.75 per cent and purchased securities to the tune of Rs 26,880 crore from 17 bids at the one-day repo auction at a fixed rate of 5.25 per cent.

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First Published: Jun 21 2010 | 6:06 PM IST

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