Business Standard

Sunday, January 19, 2025 | 02:34 AM ISTEN Hindi

Notification Icon
userprofile IconSearch

Bonds end mixed; call rate ends lower

Image

Press Trust of India Mumbai
The government bonds (G-Sec) ended mixed on alternate of buying and selling, while the overnight call money rates ended lower at the money market due lack of demand from borrowing banks amidst ample liquidity in the banking system.

The 8.40 per cent government security maturing in 2024 rose to Rs 101.20 from Rs 101.1625 previously, while its ruled stable at 8.22 per cent.

The 8.27 per cent government security maturing in 2020 climbed to Rs 99.90 from Rs 99.86, while its yield edged-down to 8.29 per cent from 8.30 per cent.

The 8.35 per cent government security maturing in 2022 also moved-up to Rs 103.0850 from Rs 100.05, while its yield softened to 8.33 per cent from 8.32 per cent.
 

However, the 8.60 per cent government security maturing in 2028 fell to Rs 102.3875 from 102.4250, while its yield held stable at 8.30 per cent.

The 8.83 per cent government security maturing in 2023 edged-down to Rs 103.17 from Rs 103.18, while its yield held stable at 8.32 per cent.

The 8.28 per cent government security maturing in 2027 also declined to Rs 99.50 from Rs 99.63, while its yield inched-up by 8.34 per cent from 8.33 per cent.

The overnight call money rates opened higher at 7.90 per cent from previous close of 7.80 per cent and moved in a range of 7.90 per cent and 7.50 per cent before settling at 7.50 per cent. The 3-day call money rate also resumed higher at 8.00 percent from last Friday's close of 7.85 per cent and moved in a range of 8.25 per cent and 7.00 per cent.

Meanwhile, the Reserve Bank of India (RBI), under the Liquidity Adjustment Facility (LAF), purchased securities worth Rs 156.88 billion in 36-bids at the 1-day repo auction at a fixed rate of 8.00 per cent today morning, while it sold securities worth Rs 68.18 billion from 31-bids at the 1-day reverse repo auction at a fixed rate of 7.00 per cent as on November 13.

Don't miss the most important news and views of the day. Get them on our Telegram channel

First Published: Nov 14 2014 | 6:20 PM IST

Explore News