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Bonds ends mixed, call rates finish higher

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Press Trust of India Mumbai
Government bonds (G-Secs) ended mixed on alternate bouts of buying and selling while, the overnight call money rate turned higher owing to sustained demand from borrowing banks amid tight liquidity in the banking system.

The 7.88 per cent government security maturing in 2030 climbed to Rs 99.7625 from Rs 99.7175 previously, while its yield ended stable at 7.91 per cent.

The 7.72 per cent government security maturing in 2025 moved down to Rs 99.8450 from Rs 99.8775, while its yield also ended stable at 7.74 per cent.

The 7.68 per cent government security maturing in 2023 also decline to Rs 99.8750 from Rs 99.91, while its yield inched up to 7.70 per cent from 7.69 per cent.
 

The 8.27 per cent government security maturing in 2020 was also quoted lower at Rs 102.3950 from Rs. 102.41, while its yield rose to 7.62 per cent.

The 7.59 per cent government security maturing in 2029 and the 7.28 per cent government security maturing in 2019 were quoted higher at Rs. 100.0550 and Rs.99.18 respectively.

The overnight call money rates ended higher at 7.00 per cent from yesterday's level of 6.75 per cent. It moved in wide range of 7.00 per cent and 6.75 per cent.

Meanwhile,Reserve Bank, under the Liquidity Adjustment Facility (LAF), it sold securities worth Rs 55.21 billion from 36 bids at the overnight reverse repo auction at a fixed rate of 5.75 per cent as on Jan 7.

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First Published: Jan 08 2016 | 7:43 PM IST

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