Premium
This is an archive article published on May 10, 2012

Bonds settle mixed,call rate declines

The government securities G-Sec settled mixed on alternate bouts of buying and selling while call rate declined on the overnight call money market here today due to lack of demand from borrowing banks.

The government securities G-Sec settled mixed on alternate bouts of buying and selling while call rate declined on the overnight call money market here today due to lack of demand from borrowing banks.

The 8.79 per cent G-Sec maturing in 2021 eased to Rs 101.46 from overnight close of Rs 101.47,while its yield held steady at 8.56 per cent.

The 8.97 per cent G-sec maturing in 2030 softened to Rs 101.20 from Rs 101.21,while its yield inched up to 8.84 per cent from 8.83 per cent.

The 8.24 per cent G-sec maturing in 2018 moved down to Rs 98.71 from RS 98.73,while its yield looked up to 8.52 per cent 8.51 per cent.

However,the 8.19 per cent G-Sec maturing in 2020 edged up to Rs 98.48 from Rs 98.47,while its yield ruled steady at 8.46 per cent.

The 7.49 per cent G-Sec maturing in 2017 and the 7.80 per cent G-Sec maturing in 2021 were also quoted higher at Rs 96.64 and Rs 95.01,respectively.

The overnight call money rate finished lower at 8.20 per cent from yesterday8217;s level of 8.30 per cent. It moved in a range of 8.40 per cent and 8.15 per cent.

Story continues below this ad

The Reserve Bank of India RBI under the Liquidity Adjustment Facility LAF purchased securities worth Rs 1,25,065 crore from 52 bids at the one-day repo auction at a fixed rate of 8.00 per cent while sold securities worth Rs five crore from one bid at the one-day reverse repo auction at a fixed rate of 7.00 per cent.

 

Latest Comment
Post Comment
Read Comments
Advertisement
Advertisement
Advertisement
Advertisement