Bonds decline,while call rates end stable

The 8.79 per cent government security maturing in 2021 fell to Rs 102.7650 from 102.8450,while its yield rose to 8.36 per cent from 8.34 per cent.

The 8.19 per cent government security maturing in 2020 slid to Rs 100.0925 from Rs 100.1575,while its yield edged up to 8.17 per cent from 8.16 per cent.

The 8.15 per cent government security maturing in 2022,and 8.28 per cent government security maturing in 2027 and 8.97 per cent government security maturing in 2030 were also quoted lower at Rs 100.1650,Rs 98.40 and Rs 103.65 respectively.

The call money rate finished stable at 8.00 per cent from previous closing level. It moved in a range of 8.15 per cent and 7.75 per cent.

The Reserve Bank of India RBI under the Liquidity Adjustment Facility LAF purchased securities worth Rs 80,965 crore from 34 bids at the one-day repo auction at a fixed rate of 8.00 per cent,while sold securities worth Rs 480 crore from three bids at the one-day reverse repo auction at a fixed rate of 7.00 per cent.