Government bond rates end mixed,call rate recovers

The government securities (G-Sec) ended mixed on alternate bouts of buying and selling. While call rates recovered at the overnight call money market here today on fresh demand from borrowing banks.

Written by Agencies | Mumbai | Published: August 29, 2012 7:59 pm

The government securities (G-Sec) ended mixed on alternate bouts of buying and selling. While call rates recovered at the overnight call money market here today on fresh demand from borrowing banks.

The 8.33 per cent G-Sec maturing in 2026 edged up to Rs 99.9250 from Rs 99.9150 yesterday,while its yield held steady at 8.34 per cent.

The 9.15 per cent G-sec maturing in 2024 moved up to Rs 105.79 from Rs 105.7350,while its yield softened at 8.38 per cent from 8.39 per cent.

The 8.79 per cent G-sec maturing in 2021 gained to Rs 102.80 from Rs 102.75,while its yield eased to 8.34 per cent from 8.35 per cent.

However,the 8.15 per cent G-sec maturing 2022 declined to Rs 99.7950 from Rs 99.82 previously,while its yield inched up to 8.18 per cent from 8.17 per cent.

The 8.19 per cent G-sec maturing 2020 slipped to Rs 99.5150 from Rs 99.54,while its yield looked up to 8.28 per cent from 8.27 per cent.

The 8.97 per cent G-sec maturing 2030 and the 8.07 per cent G-sec maturing in 2017 also quoted lower at Rs 103.90 and Rs 99.55,respectively.

The call money rate finished higher at 8.00 per cent from yesterday’s closing level of 7.95 per cent. It moved in a range of 8.07 per cent and 7.80 per cent.

The Reserve Bank of India (RBI) under the Liquidity Adjustment Facility (LAF) purchased securities worth Rs 460.30 billion in 21 bids at the one-day repo auction at a fixed rate of 8.00 per cent.

For all the latest News Archive News, download Indian Express App

  1. No Comments.