Business Standard

Bonds recover on good demand

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Press Trust Of India Mumbai

Government securities (G-Secs) recovered on good demand from banks and corporates. The 9.15 per cent G-sec maturing in 2024 rose to Rs 105.95 from 105.66 yesterday, while its yield fell to 8.37 per cent from 8.41 per cent. The 8.79 per cent G-sec maturing in 2021 climbed to Rs 102.84 from 102.68, while its yield eased to 8.35 per cent from 8.37 per cent.

Call rates also gain
Call rates also gained at the overnight money market here on Thursday on fresh demand from borrowing banks amid scarcity of liquidity in the banking system. The rate finished up at 8.20 per cent from yesterday’s closing level of 8.15 per cent. It hovered in a range between 8.20 per cent and eight per cent.

 

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First Published: Jun 08 2012 | 12:27 AM IST

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