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Bonds rise, call rates finish lower

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Press Trust of India Mumbai
Government bonds (G-Secs) rose on fresh buying support from banks and corporates while, the overnight call money rate finished lower owing to subdued demand from borrowing banks amidst ample liquidity in the banking system.

The 7.88 per cent government security maturing in 2030 climbed to Rs 99.7175 from Rs 99.5650 previously, while its yield inched-down to 7.91 per cent from 7.92 per cent.

The 7.72 per cent government security maturing in 2025 moved up to Rs 99.8775 from Rs 99.8750, while its yield ended stable at 7.74 per cent.

The 8.27 per cent government security maturing in 2020 also gained to Rs 102.41 from Rs 102.35, while its yield moved down at 7.61 per cent from 7.63 per cent.
 

The 7.68 per cent government security maturing in 2023 the 8.15 per cent government security maturing in 2026 and the 8.40 per cent government security maturing in 2024 were also quoted higher at Rs 99.91, Rs 101.8225 and Rs 103.48, respectively.

The overnight call money rates ended lower at 6.75 per cent from yesterday's level of 7.65 per cent. It moved in wide range of 7.35 per cent and 6.25 per cent.

Meanwhile,Reserve Bank, under the Liquidity Adjustment Facility (LAF), it sold securities worth Rs 120.33 billion from 28 bids at the overnight reverse repo auction at a fixed rate of 5.75 per cent as on Jan 6.

While, Reserve Bank, under the Liquidity Adjustment Facility (LAF), purchased securities worth Rs 236.33 billion in 51-bids at the one-day repo auction at a fixed rate of 6.75 per cent as on today.

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First Published: Jan 07 2016 | 6:29 PM IST

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