Goverment Bonds reacts downwards,call rate rule stable

The 8.15 per cent government security maturing in 2022 fell to Rs 99.3475 from 99.40.

The government bonds reacted downwards on selling pressure from banks and corporates,while the overnight call money rates remained steady at the overnight call money market here today as demand from borrowing banks matched supplies.

The 8.33 per cent government security maturing in 2026 dropped to Rs 99.41 from 99.47 previously,while its yield edged up to 8.40 per cent from 8.39 per cent.

The 8.15 per cent government security maturing in 2022 fell to Rs 99.3475 from 99.40,while its yield inched up 8.25 per cent from 8.24 per cent.

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The 8.19 per cent government security maturing in 2020 slid to Rs 99.2950 from Rs 99.3850 while its yield gained to 8.32 per cent from 8.30 per cent.

The 9.15 per cent government security maturing in 2024,and 8.07 per cent government security maturing in 2017 and 7.17 per cent government security maturing in 2015 also quoted lower at Rs 105.5325,Rs 99.46 and Rs 97.89,respectively.

The call money rate finished stable at 8.00 per cent from last Friday’s level. It moved in a range of 8.02 per cent and 7.90 per cent.

The Reserve Bank of India (RBI) under the Liquidity Adjustment Facility (LAF) purchased securities worth Rs 360.70 billion from 15 bids at the one-day repo auction at a fixed rate of 8 per cent.

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