Bonds recover on good demand,call rate stable

The 8.15 per cent G-Sec maturing in 2022 surged to Rs 99.50 from 99.28,while its yield declined to 8.22 per cent from 8.26 per cent.

The 8.19 per cent G-Sec maturing in 2020 also gained to Rs 99.4475 from 99.3350,while its yield moved down to 8.29 per cent from 8.31 per cent.

The 9.15 per cent G-Sec maturing in 2024,the 8.79 per cent maturing in 2021 and the 8.24 per cent maturing in 2018 also quoted higher at Rs 104.74,Rs 102.68 and Rs 100.26,respectively.

The Overnight call money rate finished steady at 8 per cent,it moved in a range of 8.05 per cent and 7.95 per cent.

The Reserve Bank of India (RBI) under the Liquidity Adjustment Facility (LAF) purchased securities worth Rs 21,715 crore in 13 bids at the one-day repo auction at a fixed rate of 8.00 per cent,while sold securities worth Rs 5 crore from one bid at the one-day reverse repo auction at a fixed rate of 7 per cent.