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This is an archive article published on August 23, 2012

Government Bond rates end mixed,call rate stable

It moved in a range of 8.10 per cent and 7.80 per cent.

The government securities (G-Sec) ended mixed amid negative bias on alternate bouts of buying and selling. While call rates remained steady at the overnight call money market here today as demand from borrowing banks matched supplies.

The 8.33 per cent G-Sec maturing in 2022 dropped to Rs 99.4850 from Rs 99.56 yesterday,while its yield inched up to 8.39 per cent from 8.38 per cent.

The 8.15 per cent G-sec maturing in 2022 fell to Rs 99.46 from Rs 99.51,while its yield moved up at 8.23 per cent from 8.22 per cent.

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However,the 7.17 per cent G-sec maturing in 2015 rose to Rs 98.02 from Rs 97.93,while its yield eased at 7.96 per cent from 8.00 per cent.

The overnight call money rate finished stable at 8.10 per cent. It moved in a range of 8.10 per cent and 7.80 per cent.

The Reserve Bank of India (RBI) under the Liquidity Adjustment Facility (LAF) purchased securities worth Rs.342.95 billion in 15 bids at the one-day repo auction at a fixed rate of 8.00 per cent,while sold securities worth Rs 7.05 billion from two bids at the one-day reverse repo auction at a fixed rate of 7 per cent.

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