Bonds close mix while call rate remains firm

The government securities (G-Sec) closed mixed on alternate bouts of buying and selling while call rates improved further on lack of liquidity in the banking system.
The 8.83 per cent government security maturing in 2023 declined to Rs 99.20 from Rs 98.28, while its yield edged up to 8.95 pct from 8.94 pct.
The 8.24 per cent government security maturing in 2027 also eased to Rs 92.26 from Rs 92.30, while its yield remained stable at 9.28 pct.
The 8.35 per cent government security maturing in 2022 dropped to Rs 95.50 from Rs 95.65, while its yield rose to 9.15 pct from 9.12 pct.

However, 8.28 per cent government security maturing in 2027 firmed up to Rs 92.5125 from Rs 92.36, while its yield moved down to 9.26 pct from 9.29 pct, the 8.12 per cent government security maturing in 2020 also edged up to Rs 95.0350 from Rs 95.0250, while its yield remained stagnant at 9.13 pct. The 7.28 per cent government security maturing in 2019 rose to Rs 93.2225 from Rs 93.2050, while its yield softened to 8.95 pct from 8.96 pct.
The overnight call money rate moved in a range of 8.95 pct and 8.20 pct before closing at 8.50 pct, higher than last close of 8.25 pct.

The Reserve Bank of India, under the Liquidity Adjustment Facility (LAF), purchased securities worth Rs 198.35 billion in 47-bids at the one-day repo auction at a fixed rate of 8.00 per cent today morning.