Government bonds react downwards,while call rate recovers

The 8.79 per cent government security maturing in 2021 fell to Rs 102.8475 from 102.93,while its yield inched up to 8.34 per cent from 8.33 per cent.

The 8.19 per cent government security maturing in 2020 slid to Rs 99.8350 from Rs 99.95,while its yield rose to 8.22 per cent from 8.20 per cent.

The 8.15 per cent government security maturing in 2022,and 8.07 per cent government security maturing in 2017 and 7.83 per cent government security maturing in 2018 were also quoted lower at Rs 99.82,Rs 99.98 and Rs 98.16 respectively.

The call money rate finish higher at 8.10 per cent from yesterday8217;s closing level of 7.05 per cent. It moved in a range of 8.15 per cent and 7.95 per cent.

The Reserve Bank of India RBI under the Liquidity Adjustment Facility LAF purchased securities worth Rs 14,660 crore from 14 bids at the one-day repo auction at a fixed rate of 8.00 per cent.