You are here: Home » PTI Stories » National » News
Business Standard

Bonds advance, call rates turn higher

Press Trust of India  |  Mumbai 

bonds (G-Secs) advanced following sustained demand from corporates and banks, and the overnight call money turned higher due to good demand from borrowing banks amid tight liquidity in the system.

The 7.59 per cent 10-year benchmark bond maturing in 2026 surged to Rs 108.5450 from Rs 108.37, while its yield softened to 6.34 per cent from 6.36 per cent.



The 6.97 per cent security maturing in 2026 climbed to Rs 105.47 from Rs 105.24, while its yield eased to 6.21 per cent from 6.24 per cent.

The 7.61 per cent security maturing in 2030 rose to Rs 110.43 from Rs 110.2150, while its yield moved down to 6.44 per cent from 6.46 per cent.

The 7.59 per cent security maturing in 2029, the 7.68 per cent security maturing in 2023 and the 7.88 per cent security maturing in 2030 were also quoted higher to Rs 109.57, Rs 107.90 and Rs 112.2650, respectively.

The overnight call money rates finished higher to 6.20 per cent from Wednesday's level 5.90 per cent. It resumed higher at 6.30 per cent and moved in a range of 6.30 per cent and 6.00 per cent.

Meanwhile, Reserve Bank of India, under the Liquidity Adjustment Facility, purchased securities worth Rs 38.11 billion in 9-bids at the overnight repo auction at a fixed rate of 6.25 per cent today morning, while it sold securities worth Rs 43.05 billion in 20-bids at the overnight reverse repo auction at a fixed rate of 5.75 per cent as on November 30.

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

RECOMMENDED FOR YOU

Bonds advance, call rates turn higher

Government bonds (G-Secs) advanced following sustained demand from corporates and banks, and the overnight call money turned higher due to good demand from borrowing banks amid tight liquidity in the banking system. The 7.59 per cent 10-year benchmark bond maturing in 2026 surged to Rs 108.5450 from Rs 108.37, while its yield softened to 6.34 per cent from 6.36 per cent. The 6.97 per cent government security maturing in 2026 climbed to Rs 105.47 from Rs 105.24, while its yield eased to 6.21 per cent from 6.24 per cent. The 7.61 per cent government security maturing in 2030 rose to Rs 110.43 from Rs 110.2150, while its yield moved down to 6.44 per cent from 6.46 per cent. The 7.59 per cent government security maturing in 2029, the 7.68 per cent government security maturing in 2023 and the 7.88 per cent government security maturing in 2030 were also quoted higher to Rs 109.57, Rs 107.90 and Rs 112.2650, respectively. The overnight call money rates finished higher to 6.20 per cent ... bonds (G-Secs) advanced following sustained demand from corporates and banks, and the overnight call money turned higher due to good demand from borrowing banks amid tight liquidity in the system.

The 7.59 per cent 10-year benchmark bond maturing in 2026 surged to Rs 108.5450 from Rs 108.37, while its yield softened to 6.34 per cent from 6.36 per cent.

The 6.97 per cent security maturing in 2026 climbed to Rs 105.47 from Rs 105.24, while its yield eased to 6.21 per cent from 6.24 per cent.

The 7.61 per cent security maturing in 2030 rose to Rs 110.43 from Rs 110.2150, while its yield moved down to 6.44 per cent from 6.46 per cent.

The 7.59 per cent security maturing in 2029, the 7.68 per cent security maturing in 2023 and the 7.88 per cent security maturing in 2030 were also quoted higher to Rs 109.57, Rs 107.90 and Rs 112.2650, respectively.

The overnight call money rates finished higher to 6.20 per cent from Wednesday's level 5.90 per cent. It resumed higher at 6.30 per cent and moved in a range of 6.30 per cent and 6.00 per cent.

Meanwhile, Reserve Bank of India, under the Liquidity Adjustment Facility, purchased securities worth Rs 38.11 billion in 9-bids at the overnight repo auction at a fixed rate of 6.25 per cent today morning, while it sold securities worth Rs 43.05 billion in 20-bids at the overnight reverse repo auction at a fixed rate of 5.75 per cent as on November 30.

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

image
Business Standard
177 22

Bonds advance, call rates turn higher

bonds (G-Secs) advanced following sustained demand from corporates and banks, and the overnight call money turned higher due to good demand from borrowing banks amid tight liquidity in the system.

The 7.59 per cent 10-year benchmark bond maturing in 2026 surged to Rs 108.5450 from Rs 108.37, while its yield softened to 6.34 per cent from 6.36 per cent.

The 6.97 per cent security maturing in 2026 climbed to Rs 105.47 from Rs 105.24, while its yield eased to 6.21 per cent from 6.24 per cent.

The 7.61 per cent security maturing in 2030 rose to Rs 110.43 from Rs 110.2150, while its yield moved down to 6.44 per cent from 6.46 per cent.

The 7.59 per cent security maturing in 2029, the 7.68 per cent security maturing in 2023 and the 7.88 per cent security maturing in 2030 were also quoted higher to Rs 109.57, Rs 107.90 and Rs 112.2650, respectively.

The overnight call money rates finished higher to 6.20 per cent from Wednesday's level 5.90 per cent. It resumed higher at 6.30 per cent and moved in a range of 6.30 per cent and 6.00 per cent.

Meanwhile, Reserve Bank of India, under the Liquidity Adjustment Facility, purchased securities worth Rs 38.11 billion in 9-bids at the overnight repo auction at a fixed rate of 6.25 per cent today morning, while it sold securities worth Rs 43.05 billion in 20-bids at the overnight reverse repo auction at a fixed rate of 5.75 per cent as on November 30.

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

image
Business Standard
177 22

Upgrade To Premium Services

Welcome User

Business Standard is happy to inform you of the launch of "Business Standard Premium Services"

As a premium subscriber you get an across device unfettered access to a range of services which include:

  • Access Exclusive content - articles, features & opinion pieces
  • Weekly Industry/Genre specific newsletters - Choose multiple industries/genres
  • Access to 17 plus years of content archives
  • Set Stock price alerts for your portfolio and watch list and get them delivered to your e-mail box
  • End of day news alerts on 5 companies (via email)
  • NEW: Get seamless access to WSJ.com at a great price. No additional sign-up required.
 

Premium Services

In Partnership with

 

Dear Guest,

 

Welcome to the premium services of Business Standard brought to you courtesy FIS.
Kindly visit the Manage my subscription page to discover the benefits of this programme.

Enjoy Reading!
Team Business Standard