Bonds trade higher

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Government securities remained higher on consistent buying support from banks and corporates. The 7.16 per cent government security maturing in 2023 climbed to Rs 91.47 from Rs 96.65 previously, while its yield fell to 8.46 per cent from 8.60 per cent. The 8.20 per cent government security maturing in 2025 shot-up to Rs 95.68 from Rs 94.08, while its yield dipped to 8.79 per cent from 9.01 per cent. The 8.33 per cent government security maturing in 2026 also rose to Rs 96.40 from Rs 94.90, while its yield dropped to 8.80 per cent from 9.01 per cent.

Call rates close stable

The call money rates ended steady at the overnight market here on Monday as demand from banks matched supplies.

The 7.28 per cent government security maturing in 2019, the 8.83 per cent government security maturing in 2041 and the 8.28 per cent government security maturing in 2032 were also quoted higher at Rs 92.25, Rs 96.75 and Rs 92.89 respectively. Th