Wednesday, March 05, 2025 | 01:51 AM ISTहिंदी में पढें
Business Standard
Notification Icon
userprofile IconSearch

Bonds gains, call rates ends stable

Image

Press Trust of India Mumbai
The government bonds (G-Secs) gained further on sustained buying support from banks and corporates.

The overnight call money rate ended stable at the money market due to alternate bouts of buying and selling.

The 8.40 per cent 10-year benchmark bond maturing in 2024 rose to Rs 102.2425 from Rs 102.05 previously, while its yield fell to 8.06 per cent from 8.09 per cent.

The 8.60 per cent government security maturing in 2028, climbed to Rs 103.9550 from Rs 103.64, while its yield moved down to 8.11 per cent from 8.15 per cent.

The 8.27 per cent government security maturing in 2020 also advanced to Rs 100.54 from Rs 100.39, while its yield went down to 8.15 per cent from 8.18 per cent.
 

The 8.83 per cent government security maturing in 2023, 8.28 per cent government security maturing in 2027 and the 8.15 per cent government security maturing in 2026 were also quoted higher at Rs 104.21, Rs 100.80 and Rs 100.57, respectively.

The overnight call money rates ended steady at its last Friday's closing level of 7.25 per cent. It resumed higher at 8.15 and moved in range of 8.25 per cent and 7.00 per cent.

Meanwhile, the Reserve Bank of India (RBI), under the Liquidity Adjustment Facility (LAF), purchased securities worth Rs 135.68 billion in 34-bids at the 1-day repo auction at a fixed rate of 8.00 per cent today morning, while it sold securities worth Rs 84.14 billion from 18-bids at the 3-days reverse repo auction at a fixed rate of 7.00 per cent as on November 29.

Don't miss the most important news and views of the day. Get them on our Telegram channel

First Published: Dec 01 2014 | 6:23 PM IST

Explore News