Bonds end mixed, call rate ends higher

Government securities (G-Sec) bonds prices ended mixed due to alternate bouts of buying and selling, while the overnight call money rates ended higher on good demand from borrowing banks.
The 8.83 per cent government security maturing in 2023 slipped to Rs 100.59 from Rs 100.7050 previously, while its yield moved-up to 8.74 per cent from 8.72 per cent.
The 8.12 per cent government security maturing in 2020 fell to Rs 95.45 from Rs 95.4875, while its yield inched-up to 9.02 per cent from 9.01 per cent.
The 8.24 per cent government security maturing in 2027 also eased to Rs 93.10 from Rs 93.11, while its yield held stable at 9.16 per cent.

However, the 8.28 per cent government security maturing in 2027 climbed to Rs 93.3975 from Rs 93.35, while its yield held steay at 9.14 per cent.
The 7.16 per cent government security maturing in 2023 moved-up to Rs 88.05 from Rs 88.00, while its yield softened to 9.09 per cent from 9.10 per cent.

The 8.20 per cent government security maturing in 2025 also gained to Rs 93.12 from Rs 93.10, while its yield held stable at Rs 9.17 per cent.
The overnight call money rate ended higher at 8.00 per cent from 7.50 previously, it moved in a range of 8.10 per cent and 7.00 per cent while, the 3-days call money finished lower at 8.75 per cent from 8.80 last Friday. It moved in a range of 8.75 per cent 8.00 per cent.

The Reserve Bank of India (RBI) under the Liquidity Adjustment Facility (LAF) purchased securities worth Rs 75.32 billion in 21-bids at the 3-days repo auction at a fixed rate of 8.00 per cent as on today morning, while sold securities worth Rs 41.95 billion from 18-bids at the 1-day reverse repo auction at a fixed rate of 7.00 per cent as on yesterday evening.