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This is an archive article published on August 14, 2012

Bonds end weak,call rate declines

The call money rate finished lower at 8.05 per cent. It moved in a range of 8.10 per cent and 7.85 per cent.

The government bonds dropped on heavy selling pressure from banks and corporates,while the overnight call money rates also eased at the overnight call money market here today due to lack of demand from borrowing banks.

The 8.15 per cent government security maturing in 2022 dipped to Rs 99.52 from 99.62 previously,while its yield moved up to 8.22 per cent from 8.20 per cent.

The 8.33 per cent government security maturing in 2026 fell to Rs 99.52 from 99.63,while its yield edged up 8.39 per cent from 8.37 per cent.

The 8.19 per cent government security maturing in 2020 slid to Rs 99.38 from Rs 99.45 while its yield rose to 8.30 per cent from 8.29 per cent.

The 9.15 per cent government security maturing in 2024,and 8.07 per cent government security maturing in 2017 and 8.97 per cent government security maturing in 2030 were also quoted lower at Rs 105.7850,Rs 99.64 and Rs 103.70,

respectively.

The call money rate finished lower at 8.05 per cent. It moved in a range of 8.10 per cent and 7.85 per cent. The Reserve Bank of India RBI under the Liquidity

Adjustment Facility LAF purchased securities worth Rs 734.70 crore from 34 bids at the two-day repo auction at a fixed rate of 8 per cent.

 

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