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Bonds ends mix while, call rate ends higher

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Press Trust of India Mumbai
The government securities (G-Sec) closed mixed on alternate bouts of buying and selling while, the overnight call money rates ended higher due to good demand from borrowing banks.

The 8.83 per cent government security maturing in 2023 fell to Rs 99.78 from Rs 99.86, while its yield inched-up to 8.86 per cent from 8.85 per cent.

The 7.28 per cent government security maturing in 2019 also declined to Rs 93.7175 from Rs 93.75, while its yield edged-up to 8.83 per cent from 8.82 per cent.

However, the 8.24 per cent government security maturing in 2027 climbed to Rs 93.2150 from Rs 92.85, while its yield dropped to 9.15 per cent from 9.20 per cent.
 

The 8.12 per cent government security maturing in 2020 gained to Rs 95.6075 from Rs 95.5150, while its yield moved down to 9.01 per cent from 9.03 per cent.

The 8.28 per cent government security maturing in 2027 advanced to Rs 93.4250 from 93.15, while its yield eased to 9.14 per cent from 9.18 per cent.

The 8.35 per cent government security maturing in 2022 also shot-up to Rs 96.2175 from Rs 96.0050, while its yield dipped to 9.02 per cent from 9.06 per cent.

The overnight call money rate finished higher at 9.20 per cent from 8.00 per cent previously and it moved in a range of 9.20 per cent and 8.00 per cent.

The Reserve Bank of India, under the Liquidity Adjustment Facility (LAF), purchased securities worth Rs 189.68 billion in 48-bids at the 1-day repo auction at a fixed rate of 8.00 per cent today morning, and sold securities worth Rs 29.16 billion from 20-bids at the 4-days reverse repo auction at a fixed rate of 7.00 per cent as on evening of April 17th.

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First Published: Apr 21 2014 | 6:31 PM IST

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