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This is an archive article published on April 9, 2013

Govt bonds maintain uptrend,call rates ends lower

The 8.07 per cent G-Sec maturing in 2017 climbed to Rs 101.1075 from Rs 101.07.

The Government securities G-Sec maintained its uptrend on persistent demand from banks and corporates,while the call money rates also finished lower at the overnight call money market here today due to lack of demand from borrowing banks.

The 8.15 per cent G-Sec maturing in 2022 gained Rs 101.71 from Rs 101.5250 yesterday,while its yield eased to 7.88 per cent from 7.91 per cent.

The 8.07 per cent G-Sec maturing in 2017 climbed to Rs 101.1075 from Rs 101.07,while its yield inched down to 7.75 per cent from 7.76 per cent.

The 8.33 per cent G-Sec maturing in 2026 also surged to Rs 102.9550 from Rs 102.7525,while its yield moved down to 7.96 per cent from 7.99 per cent.

The 8.20 per cent G-Sec maturing in 2025,the 8.97 per cent maturing in 2030 and the 8.12 per cent maturing in 2020 also quoted higher at Rs 101.92,Rs 107.66 and Rs 101.83 respectively.

The overnight call money rate finished lower at 7.60 per cent from 7.70 per cent previously. It moved in a range of 7.65 per cent and 7.00 per cent.

The Reserve Bank of India RBI under the Liquidity Adjustment Facility LAF purchased securities worth Rs 1,035.90 billion in 31 bids at the one-day repo auction at a fixed rate of 7.50 per cent,while sold securities worth Rs 6.25 billion in three-bids at the 1-day reverse repo auction at a fixed rate of 6.50 per cent in the evening auction.

 

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