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Bonds end mixed; call rates end higher

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Press Trust of India Mumbai
The government bonds (G-Sec) ended mixed on alternate bouts of buying and selling.

Interbank call money rate finished higher owing to good demand from borrowing banks on the back of ample liquidity conditions in the banking system.

The 10-year benchmark bond 7.72 per cent maturing in 2025 moved up to Rs 99.4725 from Rs 99.47 yesterday, while its ruled stable at 7.80 per cent.

The 8.40 per cent government security maturing in 2024 rose to Rs 102.77 against Rs 102.75, while its yield held steady at 7.96 per cent.

The 8.27 per cent government security maturing in 2020 also climbed to Rs 101.32 from Rs 101.2850, while its yield eased to 7.93 per cent from 7.94 per cent.
 

However, the 7.88 per cent government security maturing in 2030 declined to Rs 99.2650 from Rs 99.2750, while its yield edged-up to 7.97 per cent from 7.96 per cent.

The 7.68 per cent government security maturing in 2023 fell to Rs 98.4375 from Rs 98.4650, while its yield inched-up to 7.94 per cent from 7.93 per cent.

The 7.35 per cent government security maturing in 2024 also moved down to Rs 96.11 from Rs 96.12, while its yield held stable at 7.97 per cent.

The overnight call money rates ended higher at 7.24 per cent from Tuesday's closing level of 7.20 per cent after moving in a range of 7.25 per cent and 7.00 per cent.

Meanwhile, the Reserve Bank of India, under the Liquidity Adjustment Facility (LAF), purchased securities worth Rs 56.62 billion in 17-bids at the one-day overnight repo auction at a fixed rate of 7.25 per cent this morning while, its sold securities worth Rs 22.17 billion from 22-bids at the reverse repo auction at a fixed rate of 6.25 per cent late yesterday.

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First Published: Aug 12 2015 | 6:32 PM IST

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