Business Standard

Bonds recover on fresh buying support

Related News

(G-sec) recovered on fresh buying support from banks and corporates. The 9.15 per cent (G-sec) maturing in 2024 edged up to Rs 104.61 from Rs 104.60 yesterday, while its yield held steady at 8.54 per cent. The 8.79 per cent (G-sec) maturing in 2021 shot up to Rs 101.7 from Rs 101.6, while its yield moved down to 8.52 per cent from 8.54 per cent. The 8.19 per cent (G-sec) maturing in 2020 moved up to Rs 98.69 from Rs 98.67, while its yield softened to 8.42 per cent from 8.43 per cent. The 8.97 per cent (G-sec) maturing in 2030, the 8.28 per cent (G-sec) maturing in 2027, the 8.83 per cent (G-sec) maturing in 2041 and the 8.24 per cent (G-sec) maturing in 2018 also closed higher at Rs 102, Rs 96, Rs 99 and Rs 99, respectively.

firm up
Call rates firmed up further at the overnight here on Tuesday due to sustained demand from borrowing banks. The overnight rate finished higher at 8.3 per cent from yesterday’s closing level of 8.2 per cent. It moved in a range of 8.3 per cent and eight per cent. The Reserve Bank of India under the purchased securities worth Rs 95,290 crore through 47 bids at the one-day repo auction at a fixed rate of eight per cent.

Read more on:   
|
|
|

Read More

Rupee recovers from record low of 56.52

Snapping the two-day fall, the rupee today recovered 16 paise against the dollar to close at 56.08 after slipping to a record low of 56.52 on ...

Quick Links

More news from Finance Rss icon

SBI reworks recruitment policy

Intake to match retirements each year

RBI policy allows ING to hold 10% in merged entity: Uday Kotak

There is an element of fat and it will be addressed in an evolutionary manner, Kotak said referring to the merger

Why India needs more bank marriages

With new banks likely to be cleared by RBI soon, consolidation is expected to pick up to gain market share

Back to Top