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Bonds remain bearish

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Agencies Mumbai
Government securities (G-secs) remained bearish on persistent selling pressure from banks and companies. The 7.16 per cent G-sec maturing in 2023 fell to Rs 87.81 from Rs 87.92 on Wednesday, while its yield moved up to 9.11 per cent from 9.09 per cent. The 8.28 per cent G-sec maturing in 2027 slipped to Rs 93.12 from Rs 93.26, while its yield gained to 9.17 per cent from 9.15 per cent.

The 8.12 per cent G-sec maturing in 2020 also declined to Rs 95.89 from Rs 95.93, while its yield gained to 9.92 per cent from 8.91 per cent.

The 8.83 per cent G-sec maturing in 2023, the 7.28 per cent G-sec maturing in 2019 and 8.24 per cent G-sec maturing in 2027 were also quoted lower at Rs 100.30, Rs 93.55 and Rs 93, respectively.
 
Call rates end lower
Call rates also turned lower at the overnight market due to lack of demand from borrowing banks. The overnight rates finished lower at seven per cent from 7.1 per cent on Thursday. It moved in a wide range of 7.80 per cent and 6.80 per cent.

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First Published: Dec 06 2013 | 12:25 AM IST

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