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Bonds gain

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Agencies Mumbai
Last Updated : Sep 20 2013 | 12:32 AM IST
Government securities (G-secs) gained on sustained buying support from banks and companies.

The 7.16 per cent G-sec maturing in 2023 surged to Rs 93.18 from Rs 92.06 on Wednesday, while its yield dipped to 8.19 per cent from 8.37 per cent.

The 8.20 per cent G-sec maturing in 2025 climbed to Rs 96.60 from Rs 95.00, while its yield dropped to 8.66 per cent from 8.89 per cent.

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The 8.12 per cent G-sec maturing in 2020 rose to Rs 97.82 from Rs 96.80, while its yield fell to 8.53 per cent from 8.72 per cent.

The 7.28 per cent G-sec maturing in 2019, the 8.17 per cent G-sec maturing in 2015 and the 8.33 per cent G-sec maturing in 2026 were also quoted higher at Rs 94.51, Rs 97.85 and Rs 97.50, respectively.

Call rate ends lower
Call money rates ended lower at the overnight call money market in Mumbai on Thursday due to lack of demand from borrowing banks.

The overnight call money rate finished lower at 10.10 per cent. It moved in a range of 10.40 per cent and 10 per cent.

The Reserve Bank of India (RBI) under the liquidity adjustment facility purchased securities worth Rs 40,036 crore in 64-bids at the one-day repo auction at a fixed rate of 7.25 per cent, while its sold securities worth Rs 32 crore in two-bids at one-day reverse repo auction at a fixed rate of 6.25 per cent in the evening auction.

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First Published: Sep 20 2013 | 12:02 AM IST

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