Bonds ends mixed, call rate remains higher
Mumbai: The government securities (G-Sec) closed mixed on alternate bouts of buying and selling, while call money rates at the overnight money market ended higher here Monday on good demand from borrowing banks.
The 8.33 percent G-Sec maturing in 2026 gained to Rs 100.19 from Rs 100.1650 last Friday, while its yield inched down at 8.30 percent from 8.31 percent.
The 8.15 percent G-sec maturing in 2022 moved up to Rs 99.5850 from Rs 99.5625, while its yield held edged down 8.21 percent from 8.22 percent.
The 8.97 percent G-sec maturing in 2030 went up to Rs 105.3150 from Rs 105.30, while its yield held steady at 8.39 percent.
However, the 8.20 percent G-sec maturing in 2025 dropped to Rs 99.23 from Rs 99.2975 previously, while its yield gained 8.30 percent from 8.29 percent.
The 8.19 percent G-sec maturing in 2020 slipped to Rs 99.78 from Rs 99.7850, while its yield held stable at 8.23 percent.
The 8.83 percent G-sec maturing in 2041 eased to Rs 104.35 from Rs 104.36, while its yield rose to 8.43 percent from 8.42 percent.
The overnight call money rate finished higher at 8.14 percent from previous closing level of 8.08 percent. It moved in a range of 8.14 percent and 7.95 percent.
The Reserve Bank of India (RBI) under the Liquidity Adjustment Facility purchased securities worth Rs 1,064.85 billion in 39 bids at the three-days repo auction at a fixed rate of 8.00 percent, while sold securities worth Rs 0.15 billion in 1 bid at the 3-days reverse repo auction at a fixed rate of 7 percent in the evening auction.