Bonds, call rates slip

Government bonds (G-Secs) slipped on selling pressure from banks and corporates, the overnight call money rates ended lower owing to subdued demand from borrowing banks amid ample liquidity in the banking system.
The 7.88 per cent government security maturing in 2030 fell to Rs 101.71 from Rs 101.04, while its yield gained to 7.80 per cent from 7.76 per cent.
The 7.72 per cent government security maturing in 2025 dipped to Rs 100.72 from Rs 100.90 previously, while its yield moved up to 7.61 per cent from 7.58 per cent.
The 8.27 per cent government security maturing in 2020 declined to Rs 102.2425 from Rs 102.3650, while its yield rose to 7.68 per cent from 7.65 per cent.

The 7.68 per cent government security maturing in 2023, the 8.40 per cent government security maturing in 2024 and the 7.35 per cent government security maturing in 2024 were also quoted lower to Rs 100.15, Rs 103.7475 and Rs 98.07 respectively.
The overnight call money rates finished lower at 7.50 per cent from last weekend close of 7.60 per cent. It resumed lower at 6.90 per cent and moved in a range of 7.60 per cent and 6.35 per cent.
Meanwhile, the Reserve Bank of India (RBI), under the Liquidity Adjustment Facility (LAF), purchased securities worth Rs 217.17 billion in a 47-bids at the overnight repo auction at a fixed rate of 6.75 per cent as on today, while it sold securities worth Rs 20.44 billion from 17-bids at the 3-days reverse repo auction at a fixed rate of 5.75 per cent as on October 25.