Bonds, call rates remains lower

Government bonds (G-Secs) continued to remain lower on heavy selling pressure from banks and corporates and the overnight call money rates also turned lower due to lack of demand from borrowing banks amidst comfortable liquidity situation in the banking system.
The 7.59 per cent government security maturing in 2026 dropped to Rs 103.16 from Rs 103.17 previously, while its yield held stable to 7.12 per cent.
The 7.61 per cent government security maturing in 2030 declined to Rs 104.4475 from Rs 104.56, while its yield inched up to 7.09 per cent from 7.08 per cent.
The 7.59 per cent government security maturing in 2029 fell to Rs 103.58 from Rs 103.66, while its yield edged up to 7.15 per cent to 7.14 per cent.

The 7.88 percent government security maturing in 2030, the 7.68 per cent government security maturing in 2025 and the 6.97 per cent government security maturing in 2026 were also quoted lower at Rs 106.21, Rs 103.21 and Rs 100.0350, respectively.
The overnight call money rates finished lower at 6.20 per cent from Thursday's level 6.40 per cent. It resumed steady at 6.40 per cent and moved in a range of 6.40 per cent and 6.20 per cent.
Meanwhile, the Reserve Bank of India (RBI), under the Liquidity Adjustment Facility (LAF), purchased securities worth Rs 47.40 billion in 14-bids at the 4-days repo auction at a fixed rate of 6.50 per cent as on today, while its sold securities worth Rs 82.37 billion from 36-bids at the overnight reverse repo auction at a fixed rate of 6.00 per cent as on September 01.