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Bonds rebound, call rates end steady

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Press Trust of India Mumbai
The government bond (G-Sec) prices rebounded on renewed buying support from banks and corporates.

While, Interbank call money rate ended stable owing to alternate bouts of buying and selling.

The 10-year benchmark bond 7.72 per cent maturing in 2025 climbed to Rs 101.23 from Rs 101.1950 previously, while its yield held steady to 7.54 per cent.

The 7.88 per cent government security maturing in 2030 rose to Rs 101.61 as against Rs 101.5625, while its yield inched down to 7.69 per cent from 7.70 per cent.

The 7.68 per cent government security maturing in 2023 advanced to Rs 100.61 from Rs 100.45, while its yield moved down to 7.58 per cent from 7.60 per cent.
 

The 8.40 per cent government security maturing in 2024, the 7.35 per cent government security maturing in 2024 and the 8.27 per cent government security maturing in 2020 were also quoted higher at Rs 104.3250, Rs 98.48 and Rs 102.39 respectively.

The overnight call money rates closed unchanged at 6.75 per cent. Its moved in a wide range of 7.05 per cent and 6.40 per cent.

Meanwhile, the Reserve Bank of India, under the Liquidity Adjustment Facility (LAF), purchased securities worth Rs 113.24 billion in 22-bids at overnight repo auction at a fixed rate of 6.75 per cent this morning. While, it sold securities worth Rs 29.30 billion from 20-bids at the overnight reverse repo auction at a fixed rate of 5.75 per cent as on October 07.

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First Published: Oct 08 2015 | 6:57 PM IST

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