Business Standard

Bonds recover, call rates end steady

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

However, 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 101.07 from Rs 100.93 previously, while its yield eased to 7.56 per cent from 7.58.

The 7.88 per cent government security maturing in 2030 rose to Rs 101.15 as against Rs 101.06, while its yield inched down to 7.75 per cent from 7.76 per cent.

The 7.68 per cent government security maturing in 2023 advanced to Rs 100.4850 from Rs 100.4125, while its yield edged down to 7.60 per cent from 7.61 per cent.
 

The 8.40 per cent government security maturing in 2024, the 8.27 per cent government security maturing in 2020 and the 8.60 per cent government security maturing in 2028 were also quoted higher at Rs 104.14, Rs 102.37 and Rs 106.09 respectively.

The overnight call money rates closed unchanged at 6.70 per cent. It resumed higher at 6.90 per cent and moved in a range of 6.90 per cent and 6.50 per cent.

Meanwhile, the Reserve Bank of India, under the Liquidity Adjustment Facility (LAF), purchased securities worth Rs 94.24 billion in 28-bids at overnight repo auction at a fixed rate of 6.75 per cent this morning.

It sold securities worth Rs 128.97 billion from 27-bids at the overnight reverse repo auction at a fixed rate of 5.75 per cent as on October 12.

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First Published: Oct 13 2015 | 6:42 PM IST

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