Bonds turn lower, call rates finish higher

The Government securities (G-Sec) ended lower on selling pressure from banks and corporates, while the call money rates finished higher at the overnight call money market here today on sustained demand from borrowing banks.
The 8.33 per cent government security maturing in 2026 dropped to Rs 106.85 from Rs 107.06 yesterday, while its yield climbed to 7.50 per cent from 7.47 per cent.
The 8.20 per cent government security maturing in 2025 declined to Rs 105.53 from Rs 105.80, while its yield moved up to 7.50 per cent from 7.47 per cent.
The 8.15 per cent government security maturing in 2022 also slipped to Rs 103.87 from Rs 104.17, while its yield gained to 7.55 per cent from 7.50 per cent.

The 8.07 per cent government security maturing in 2017, the 8.97 per cent maturing in 2030 and the 8.12 per cent maturing in 2020 also dipped to Rs 101.95, Rs 112.62 and Rs 103.70, respectively.
The Overnight call money rate finished higher at 7.30 per cent from 7.25 per cent yesterday. It moved in a range of 7.35 per cent and 7.15 per cent.
The Reserve Bank of India (RBI) under the Liquidity Adjustment Facility (LAF) purchased securities worth Rs 449.85 billion in 21-bids at the one-day repo auction at a fixed rate of 7.25 per cent, while it sold securities worth Rs 0.95 billion in three-bids at the one-day reverse repo auction at a fixed rate of 6.25 per cent in the evening auction.