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Bonds continue to rule mixed, call rate recovers

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Press Trust of India Mumbai
Last Updated : Jan 21 2013 | 4:48 AM IST

The government bonds continued to rule narrowly mixed on alternate bouts of buying and selling while call rate recovered smartly on the overnight call money market here today on liquidity crunch.

The 7.80 per cent government security maturing in 2020 improved further to Rs 99.25 from Rs 99.07 yesterday, while its yield eased to 7.91 per cent from 7.94 per cent.

The 8.08 per cent government security maturing in 2022 too rose to Rs 100.35 from Rs 100.33, while its yield remained stable at 8.03 per cent.
    
The 8.26 per cent government security maturing in 2027 firmed up to Rs 99.10 from Rs 99.07, but its yield held steady at 8.36 per cent.
    
However, the 7.17 per cent government security maturing in 2015, the 8.13 per cent government security maturing in 2022 and the 7.02 the government security maturing in 2016 settled weak at Rs 97.87, Rs 100.68 and Rs 95.98, respectively.
    
The call money rate recovered its overnight losses and ended higher at 5.25 per cent from 4.75 per cent yesterday. It moved in a range of 4.75 and 5.75 per cent.
    
The Reserve Bank of India (RBI) under the Liquidity Adjustment Facility (LAF) sold securities worth Rs 1,180 crore from one bid at four days reverse repo auction at a fixed rate of 4.50 per cent.

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First Published: Sep 09 2010 | 6:28 PM IST

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