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This is an archive article published on June 26, 2012

Bonds remain mixed,call-rates ends lower

The government securities (G-Sec) maintained a mixed trend on alternate bouts of buying and selling while call rate ended lower at the overnight call money market here today due to lack of demand from borrowing banks amidst ample liquidity in the banking system.

The government securities (G-Sec) maintained a mixed trend on alternate bouts of buying and selling while call rate ended lower at the overnight call money market here today due to lack of demand from borrowing banks amidst ample liquidity in the banking system.

The 9.15 per cent G-Sec maturing in 2024 fell to Rs 105.8250 from yesterday’s level of Rs 105.9450,while its yield moved up to 8.38 per cent from 8.37 per cent.

The 8.79 per cent G-sec maturing in 2021 declined to Rs 102.8450 from Rs 102.9375,while its yield edged up to 8.34 per cent from 8.33 per cent.

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However,the 8.19 per cent G-sec maturing in 2020 shot up to Rs 100.1575 from Rs 100.05,while its yield eased by 8.16 per cent from 8.18 per cent.

The 7.83 per cent G-Sec maturing in 2018 rose to Rs 98.21 from Rs 98.05,while its yield dropped to 8.22 per cent from 8.26 per cent.

The overnight call money rate closed lower at 8 per cent from previous closing level of 8.15 per cent. It moved in a range of of 8.20 per cent and 7.80 per cent.

The Reserve Bank of India (RBI) under the Liquidity Adjustment Facility (LAF) purchased securities worth Rs 1,01,780 crore from 41 bids at the one-day repo auction at a fixed rate of 8.00 per cent,while sold securities worth Rs 200 crore from one bid at the one-day reverse repo auction at a fixed rate of 7.00 per cent.

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