Bonds end mixed, call rates rebound

Government bonds (G-Secs) ended mixed on alternate bouts of buying and selling.
While, the overnight call money rates rebounded owing to fresh demand from borrowing banks amid tight liquidity in the banking system.
The 7.72 per cent government security maturing in 2025 declined by Rs 100.90 from Rs 100.9075, while its yield held stable at 7.58 per cent.
The 7.88 per cent government security maturing in 2030 decreased by Rs 101.04 from Rs 101.10, while its yield inched up to 7.76 per cent from 7.75 per cent.
The 7.35 per cent government security maturing in 2024 dipped by Rs 98.22 from Rs 98.23, while its yield ruled stable to 7.63 per cent.

However, the 7.68 per cent government security maturing in 2023 and the 8.27 per cent government security maturing in 2020 were quoted higher at Rs 100.3375 and Rs 102.3650, respectively.
The overnight call money rates closed higher at 7.60 per cent from overnight closing level of 6.75 per cent. It resumed higher at 6.88 per cent and moved in a wide range of 7.65 per cent and 6.75 per cent.
Meanwhile, the Reserve Bank of India, under the Liquidity Adjustment Facility, purchased securities worth Rs 174.40 billion in 37-bids at 3-days repo auction at a fixed rate of 6.75 per cent this morning. It sold securities worth Rs 20.00 billion from 16-bids at the 2-days reverse repo auction at a fixed rate of 5.75 per cent as on October 21.