Bonds end bearish on selling pressure

The 8.15% G-sec maturing in 2022 declined to Rs 104.25 from Rs 104.81, while its yield moved up to 7.49% from 7.41%

Government securities (G-sec) traded bearish on selling pressure from banks and companies. The 8.33 per cent G-sec maturing in 2026 fell to Rs 107.25 from Rs 107.76 previously, while its yield climbed to 7.45 per cent from 7.39 per cent. The 8.15 per cent G-sec maturing in 2022 declined to Rs 104.25 from Rs 104.81, while its yield moved up to 7.49 per cent from 7.41 per cent.

The 8.20 per cent G-sec maturing in 2025 dropped to Rs 106 from Rs 106.48, while its yield went up to 7.44 per cent from 7.39 per cent. The 8.07 per cent G-sec maturing in 2017, the 8.97 per cent maturing in 2030 and the 7.16 per cent maturing in 2023 also moved down to Rs 102.28, Rs 99.17 and Rs 103.60, respectively.

Call rates end stable
Call rates ended stable at the overnight call money market here today as demand from borrowing banks matched supplies. The rate ended steady at 7.25 per cent. It moved in a range of 7.36 per cent and 7.15 per cent.

The Reserve Bank of India under the Liquidity Adjustment Facility purchased securities worth Rs 77,590 crore in 29 bids at the one-day repo auction at a fixed rate of 7.25 per cent. It also sold securities worth Rs 20 crore in one-bid at the one-day reverse repo auction at a fixed rate of 6.25 per cent.