Bonds end mixed, call rate ends lower

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Press Trust of India Mumbai
Last Updated : May 17 2013 | 6:55 PM IST
The Government securities (G-Sec) ended mixed on alternate bouts of buying and selling, while, the call money rates finished lower at the overnight call money market here today due to lack of demand from borrowing banks amidst ample liquidity in the banking system.
The 8.33 per cent government security maturing in 2026 fell to Rs 107.52 from Rs 107.5675 previously, while its yield held steady at 7.42 per cent.
The 8.15 per cent government security maturing in 2022 declined to Rs 104.85 from Rs 104.94, while its yield edged down to 7.40 per cent from 7.39 per cent.
The 8.20 per cent government security maturing in 2025 also moved down to Rs 106.20 from Rs 106.27, while its yield inched down at 7.42 per cent from 7.41 per cent.
However, the 9.15 per cent government security maturing in 2024 climbed to Rs 112.84 from Rs 112.75, while its yield moved down to 7.47 per cent to 7.48 per cent.
The 8.97 per cent government security maturing in 2030 shot-up to Rs 114.64 from Rs 114.37, while its yield looked down to 7.46 per cent from 7.48 per cent.
The 8.79 per cent government security maturing in 2021 gained Rs 108.65 from Rs 108.48, while its yield dropped to 7.40 per cent from 7.42 per cent.
The overnight call money rate finished lower at 7.20 per cent from 7.30 per cent previously. It moved in a range of 7.30 per cent and 7.00 per cent and the 3-days call money rate also ended lower at 7.25 per cent from last Friday's level of 7.30 per cent. It moved in a range of 7.40 per cent and 7.00 per cent.
The Reserve Bank of India (RBI) under the Liquidity Adjustment Facility (LAF) purchased securities worth Rs 564.40 billion in 28-bids at the 3-days repo auction at a fixed rate of 7.25 per cent, while it sold securities worth Rs 0.80 billion in 3-bids at the three-days reverse repo auction at a fixed rate of 6.25 per cent in the evening auction.
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First Published: May 17 2013 | 6:55 PM IST

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