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Bonds ends mixed, call rate finish slightly higher

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

Meanwhile, the overnight call money rate edged-up due to good demand from borrowing banks.

The 8.83 per cent 10-year benchmark bond maturing in 2023 edged-down to Rs 101.0750 from Rs 101.08, while its yield held steady at 8.66 per cent.

The 8.12 per cent government security maturing in 2020 inched down to Rs 97.43 from Rs 97.4350, while its yield held stable at 8.65 per cent.

The 8.35 per cent government security maturing in 2022 also moved down to Rs 97.9850 from Rs 97.9950, while its yield inched down to 8.71 per cent from 8.70 per cent.
 

However, the 8.28 per cent government security maturing in 2027 gained to Rs 96.61 from Rs 96.5850, while its yield edged-down to 8.71 per cent from 8.72 per cent.

The 8.60 per cent government security maturing in 2028 climbed to Rs 100.1450 from Rs 100.00, while its yield moved down to 8.58 per cent from 8.60 per cent.

The 8.27 per cent government security maturing in 2020 gained to Rs 98.7250 from Rs 98.6825, while its yield inched- down to 8.55 per cent from 8.56 per cent.

The overnight call money rates edged higher at 7.01 per cent from 7.00 per cent yesterday. It moved in a wide range of 8.10 per cent and 6.95 per cent.

Meanwhile, the Reserve Bank of India (RBI), under the Liquidity Adjustment Facility (LAF), purchased securities worth Rs 34 billion in 10-bids at the 1-day repo auction at a fixed rate of 8.00 per cent today morning, while it sold securities worth Rs 372.34 billion from 39-bids at the 1-day reverse repo auction at a fixed rate of 7.00 per cent last evening.

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First Published: Jul 03 2014 | 6:05 PM IST

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