Bonds end mixed,call-rates recovers

The government securities (G-Sec) ended mixed on alternate bouts of buying and selling while call rate recovered at the overnight call money market due to fresh demand from borrowing banks.

The 9.15 per cent G-Sec maturing in 2024 gained further to Rs 105.9450 from Friday’s level of Rs 105.84,while its yield edged down to 8.37 per cent from 8.38 per cent.

The 8.79 per cent G-sec maturing in 2021 firmed up to Rs 102.9375 from Rs 102.8250,while its yield eased to 8.33 per cent from 8.35 per cent.

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The 8.28 per cent G-sec maturing in 2027 shot up to Rs 98.5650 from Rs 98.4950,while its yield looked down by 8.45 per cent from 8.46 per cent.

However,the 8.19 per cent G-Sec maturing in 2020 fell to Rs 100.05 from Rs 102.11,while its yield inched up to 8.18 per cent from 8.17 per cent.

The 8.15 per cent G-Sec maturing in 2022 dropped to Rs 100.40 from Rs 100.45,while its yield softened to 8.09 per cent from 8.08 per cent.

The 8.97 per cent G-Sec maturing in 2030 declined to Rs 103.92 from Rs 103.95,while its yield held steady at 8.54 per cent.

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The overnight call money rate closed higher at 8.15 per cent from last weekend’s closing level of 8.05 per cent.

It moved in a range of of 8.25 per cent and 8.00 per cent.

The Reserve Bank of India (RBI) under the Liquidity Adjustment Facility (LAF) purchased securities worth Rs 99,930 crore from 40 bids at the one-day repo auction at a fixed rate of 8.00 per cent while sold securities worth Rs 20 crore from one bid at the one-day reverse repo auction at a fixed rate of 7.00 per cent.