Gilts ends mixed, call rate finish higher

The government bond (G-Sec) prices ended mixed on alternate bouts of buying and selling.
Meanwhile, the call money and the 3-days call money ended higher at the overnight call money market here today due to fresh demand from borrowing banks.
The 8.83 per cent 10-year benchmark bond maturing in 2023 inched-up to Rs 99.84 from Rs 99.8350, while its yield closed steady at 8.85 per cent.
The 9.20 per cent government security maturing in 2030 climbed to Rs 102.5750 from Rs 102.3925, while its yield fell to 8.89 per cent from 8.92 per cent
The 8.24 per cent government security maturing in 2027 edged-up to Rs 94.95 from Rs 94.90, while its yield ruled stable at 8.92 per cent

However, the 8.60 per cent government security maturing in 2028 declined to Rs 98.3875 from Rs 98.42, while its yield closed stable at 8.80 per cent.

The 8.40 per cent government security maturing in 2024 moved down to Rs 98.44 from Rs 98.4525, while its yield inched-up to 8.64 per cent from 8.63 per cent.
The 8.35 per cent government security maturing in 2022 dropped to Rs 96.90 from Rs 97.05, while its yield gained to 8.91 per cent from 8.88 per cent.
The overnight call money rates closed higher at 8.00 per cent from 7.50 per cent and moved in a range to 8.30 per cent and 8.00 per cent and the 3-days call money rate also ended higher at 8.40 per cent as against 7.15 per cent last Friday.It moved in a range of 9.05 per cent and 7.75 per cent.

Meanwhile, the Reserve Bank of India (RBI), under the Liquidity Adjustment Facility (LAF), purchased securities worth Rs 51.86 billion in 18-bids at the 3-days repo auction at a fixed rate of 8.00 per cent today morning, while it sold securities worth Rs 44.47 billion from 26-bids at 1-day reverse repo auction at a fixed rate of 7.00 per cent, yesterday evening.