Bonds ease, call rates finish lower

Government bonds (G-Secs) eased further on sustained selling pressure from banks and corporates and the overnight call money rates also finished lower owing to subdued demand from borrowing banks amid ample liquidity in the banking system.
The 7.88 per cent government security maturing in 2030 moved down to Rs 99.47 from Rs 99.59 previously, while its yield inched up to 7.94 per cent from 7.93 per cent.
The 7.72 per cent government security maturing in 2025 fell to Rs 99.7250 from Rs 99.76, while its yield edged-up to 7.76 per cent from 7.75 per cent.
The 7.59 per cent government security maturing in 2029 declined to Rs 99.81 from Rs 99.94, while its yield moved up to 7.62 per cent from 7.60 per cent.

The 7.68 per cent government security maturing in 2023, the 8.40 per cent government security maturing in 2024 and the 7.35 per cent government security maturing in 2024 were also quoted lower to Rs 99.7250, Rs 103.21 and Rs 97.40, respectively.
The overnight call money rates finished lower at 6.50 per cent from Monday's closing level of 6.80 per cent. It resumed higher at 7.00 per cent and moved in a range of 7.05 per cent and 6.00 per cent.
Meanwhile, the Reserve Bank under the Liquidity Adjustment Facility (LAF), purchased securities worth Rs 179.47 billion in a 42-bids at the overnight repo auction at a fixed rate of 6.75 per cent as on today, while it sold securities worth Rs 37.92 billion from 26-bids at the One-day overnight reverse repo auction at a fixed rate of 5.75 per cent as on January 11.