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This is an archive article published on May 24, 2012

G-Sec ends narrowly mixed while call rate drops

The government securities G-Sec ended narrowly mixed on alternate bouts of buying and selling while call rate dropped at the Overnight call money market today on surfeit of liquidity in the banking system.

The government securities G-Sec ended narrowly mixed on alternate bouts of buying and selling while call rate dropped at the Overnight call money market today on surfeit of liquidity in the banking system.

The 8.79 per cent G-Sec maturing in 2021 improved further to Rs 101.87 from Rs 101.79 yesterday,while its yield softened to 8.50 per cent from 8.51 per cent.

The 9.15 per cent G-Sec maturing in 2024 also rose to Rs 104.72 from Rs 104.68,while its yield held stable at its overnight closing level of 8.53 per cent.

The 8.19 per cent G-Sec maturing in 2020 too moved up further to Rs 98.7350 from Rs 98.6950,while its yield eased to 8.41 per cent from 8.42 per cent.

However,the 8.97 per cent G-Sec maturing in 2030,the 8.28 per cent G-Sec maturing in 2027 and the 7.59 per cent G-sec maturing in 2016 settled slightly lower from Rs 101.86,Rs 96.00 and Rs 97.6850 respectively.

The overnight call money rate moved in a range of 8.35 per cent and 8.00 per cent before concluding remarkably weak at 8.15 per cent from yesterday8217;s close of 8.26 per cent.

The Reserve Bank of India8217;s RBI Liquidity Adjustment Facility LAF repo and reverse repo auction rates not not received due to some technical problem in RBI site.

 

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