Bonds rule mixed,call rate ends lower

The government securities (G-Sec) ruled mixed with upward bias on alternate bouts of buying and selling while Overnight call money rate ended lower in the absence of liquidity at banking system.

Written by Agencies | Mumbai | Published:May 28, 2012 8:11 pm

The government securities (G-Sec) ruled mixed with upward bias on alternate bouts of buying and selling while Overnight call money rate ended lower in the absence of liquidity at banking system.

The 8.79 per cent (G-Sec) maturing in 2021 moved down to Rs 101.77 from Rs 101.79,while its yield held steady at 8.51 per cent.

The 9.15 per cent (G-Sec) maturing in 2024 also eased to Rs 104.58 from Rs 104.62 previously,while its yield too remained stable at 8.54 per cent.

However,the 8.28 per cent (G-Sec) maturing in 2027 rose to Rs 96.15 from Rs 95.99,while its yield edged down to 8.74 per cent from 8.76 per cent.

The 8.19 per cent (G-Sec) maturing in 2020,the 8.97 per cent (G-Sec) maturing in 2030 and the 8.24 per cent (G-sec) maturing in 2018 also finished higher at Rs 98.8725,Rs 102.13 and Rs 99.0575 from Rs 98.80,Rs 101.90 and Rs 99.0175,respectively.

The overnight call money rate moved in range of 8.25 per cent and 8.00 per cent,before ending lower at 8.10 per cent from 8.20 per cent previously.

The Reserve Bank of India (RBI) under the Liquidity Adjustment Facility (LAF) purchased securities worth Rs 85,425 crore from 39 bids at the one-day repo auction at a fixed rate of 8.00 per cent.

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