Bonds end mixed, call rate eases

The government securities (G-Sec) ended mixed on bouts of buying and selling while, the overnight call money market rates eased further due to lack of demand from borrowing banks.
The 8.83 per cent 10-year benchmark bond maturing in 2023 moved-up to Rs 100.28 from Rs 100.25 previously, while its yield edged-down to 8.78 per cent from 8.79 per cent.
The 8.12 per cent government security maturing in 2020 climbed to Rs 95.39 from Rs 95.28, while yield moved-down to 9.05 per cent from 9.07 per cent.
The 7.28 per cent government security maturing in 2019 also gained to Rs 93.53 from Rs 93.39, while yield fell to 8.86 per cent from 8.89 per cent.

However, the 8.24 per cent government security maturing in 2027, edged down to Rs 93.2125 from Rs 93.22, while its yield edged-up to 9.15 per cent from 9.14 per cent.
The 7.16 per cent government security maturing in 2023 also moved down to Rs 87.84 from Rs 87.86, while its yield inched-up to 9.15 per cent from 9.14 per cent.
The overnight call money rate finished lower at 7.10 per cent from 7.25 per cent yesterday and it moved in a range of 8.80 per cent and 7.00 per cent.
The Reserve Bank of India (RBI) under the Liquidity Adjustment Facility (LAF) purchased securities worth Rs 367.36 billion in 52-bids at the 1-day repo auction at a fixed rate of 8.00 per cent today morning, while sold securities worth Rs 111.28 billion from 18-bids at the 1-day reverse repo auction at a fixed rate of 7.00 per cent yesterday evening.