Bonds remain bearish

Government securities (G-sec) remained bearish on consistent selling pressure from banks and companies 7.16 per cent government security maturing in 2023 rose to Rs 92.88 from Rs 91.79 on Wednesday, while its yield fell to 8.23 per cent from 8.41 per cent. The 8.33 per cent government security maturing in 2026 shot-up to Rs 97.60 from Rs 96.25, while its yield declined to 8.64 per cent from 8.82 per cent.

The 8.20 per cent government security maturing in 2025 also climbed to Rs 96.60 from Rs 95.47, while its yield dropped to 8.74 per cent from 8.93 per cent. The 8.79 per cent government security maturing in 2021, the 7.28 per cent government security maturing in 2019 and the 8.07 per cent government security maturing in 2017-jly were also quoted higher at Rs 99.65, Rs 93.70 and Rs 97.90, respectively.

Call rates end stable
Call money rates ended steady at the market here on Thursday as demand from borrowing banks matched supply.

The rate ended steady at 10.25 per cent.It moved in a range of 10.60 per cent and 10.15 per cent.

The Reserve Bank of India under the Liquidity Adjustment Facility purchased securities worth Rs 38,500 billion in 63-bids at the one-day repo auction at a fixed rate of 7.25 per cent, while its sold securities worth Rs 33 crore in three-bids at one-day reverse repo auction on a fixed rate of 6.25 per cent in the evening auction.