Bonds slip, call rates end higher

Government bond (G-sec) prices slipped on fresh selling from banks and companies. The 8.83 per cent 10-year benchmark bond maturing in 2023 fell to Rs 100.83 from Rs 101.04, while its yield moved up to 8.70 per cent from 8.66 per cent previously.

The 8.60 per cent government security maturing in 2028 eased to Rs 100.28 from Rs 100.34, while yield its held stable at 8.56 per cent.

The overnight call money rate ended higher due to good demand from borrowing banks. It ended higher at 8.75 per cent from last Friday's level of 7.50 per cent. It moved in the range of 9.00 per cent and 7.60 per cent.