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Bonds ends mixed, call rate remains lower

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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 remained lower due to subdued demand from borrowing banks.

The 8.83 per cent government security maturing in 2023 climbed to Rs 99.85 from Rs 99.83, while its yield held stable at 8.85 per cent.

The 8.35 per cent government security maturing in 2022 gained to Rs 96.3875 from Rs 96.3250, while its yield eased to 8.99 per cent from 9.00 per cent.

The 8.07 per cent government security maturing in 2017-jly also advanced to Rs 98.50 from 98.48, while its yield inched down to 8.61 per cent from 8.62 per cent.
 

However, the 8.24 per cent government security maturing in 2027 declined to Rs 93.34 from Rs 93.45, while its yield moved up to 9.13 per cent from 9.11 per cent.

The 7.28 per cent government security maturing in 2019 fell to Rs 93.7950 from Rs 93.81, while its yield held steady at 8.81 per cent.

The 8.28 per cent government security maturing in 2027 also dipped to Rs 93.50 from Rs 93.55, while its yield edged down by 9.13 per cent from 9.12 per cent.

The overnight call money rate finished lower at 7.10 per cent from 8.00 per cent yesterday and it moved in a wide range of 8.90 per cent and 7.00 per cent.

The Reserve Bank of India, under the Liquidity Adjustment Facility (LAF), purchased securities worth Rs 212.96 billion in 58-bids at the 2-days repo auction at a fixed rate of 8.00 per cent today morning, and sold securities worth Rs 42.33 billion from 15-bids at the 1-day reverse repo auction at a fixed rate of 7.00 per cent as on yesterday evening.

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First Published: Apr 23 2014 | 6:45 PM IST

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