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G-Sec ends narrowly mixed while call rate drops

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Press Trust Of India Mumbai

The governent securities (G-Sec) ended narrowly mixed on alternate bouts of buying and selling while call rate dropped at the overnight call money market on Thursday on surfeit of liquidity in the banking system.

The 8.79 per cent (G-Sec) maturing in 2021 improved further to Rs 101.87 from Rs 101.79 yesterday, while its yield softened to 8.50 per cent from 8.51 per cent.

The 9.15 per cent (G-Sec) maturing in 2024 also rose to Rs 104.72 from Rs 104.68, while its yield held stable at its overnight closing level of 8.53 per cent.

The 8.19 per cent (G-Sec) maturing in 2020 too moved up further to Rs 98.7350 from Rs 98.6950, while its yield eased to 8.41 per cent from 8.42 per cent.

 

However, the 8.97 per cent (G-Sec) maturing in 2030, the 8.28 per cent (G-Sec) maturing in 2027 and the 7.59 per cent (G-sec) maturing in 2016 settled slightly lower from Rs 101.86, Rs 96.00 and Rs 97.6850 respectively.

The overnight call money rate moved in a range of 8.35 per cent and 8.00 per cent before concluding remarkably weak at 8.15 per cent from yesterday’s close of 8.26 per cent.

The Reserve Bank of India’s (RBI) Liquidity Adjustment Facility (LAF) (repo and reverse repo auction) rates were not (not) received due to some technical problem in RBI site.

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First Published: May 25 2012 | 12:27 AM IST

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