Bond rates end mixed

MARKET ROUND-UP

Government securities (G-sec) ended mixed on alternate bouts of buying and selling. The 8.15 per cent G-sec maturing in 2022 declined to Rs 99.99 from Rs 100.00 previously, while its yield held steady at 8.15 per cent. The 8.33 per cent G-sec maturing in 2026 dropped to Rs 100.62 from Rs 100.66, while its yield held stable at 8.25 per cent.

The 8.97 per cent G-sec maturing in 2030 slipped to Rs 105.29 from Rs 105.34, while its yield also were unchanged at 8.39 per cent. However, the 8.19 per cent G-sec maturing in 2020 rose to Rs 99.88 from Rs 99.86 previously, while its yield held steady at 8.21 per cent. The 8.20 per cent G-sec maturing in 2025 gained to Rs 100.09 from Rs 100.05, while its yield held stable at 8.19 per cent.

Call rates remain lower
Call rates remained lower at the overnight call money market in the absence of demand from borrowing banks.

The call money rate finished lower at 7.75 per cent from previous closing level of 8.05 per cent. It moved in a range of 8.10 per cent and 7.50 per cent. The Reserve Bank of India under the Liquidity Adjustment Facility purchased securities worth Rs 68.50 billion in four bids at the one-day repo auction at a fixed rate of eight per cent. It sold securities worth Rs 9.30 billion from five bids at the one-day reverse repo auction at a fixed rate of seven per cent.