Bonds end mixed, call rate improves further

The government securities (G-Sec) ended mixed on alternate bouts of buying and selling, while the overnight call money rates remained firm on sustained demand from borrowing banks.
The 8.83 per cent government security maturing in 2023 firmed up to Rs 100.65 from Rs 100.53, while its yield eased to 8.73 per cent from 8.75 per cent.
The 8.28 per cent government security maturing in 2027 moved up to Rs 94.23 from Rs 94.19, while its yield softened to 9.03 per cent from 9.04 per cent.
The 8.35 per cent government security maturing in 2022 also rose to Rs 97.10 from Rs 96.95, while its yield declined up to 8.86 per cent from 8.89 per cent.

However, the 8.24 per cent government security maturing in 2027 eased to Rs 94.00 from Rs 94.03, while its yield inched up to 9.04 per cent from 9.03 per cent.
The 7.16 per cent government security maturing in 2023 moved down to Rs 88.75 from Rs 88.77, while its yield edged up to 9.01 per cent from 9.00 per cent.

The 9.20 per cent government security maturing in 2030 also looked down to Rs 101.75 from Rs 101.80, while its yield held steady at 8.99 per cent.
The overnight call money rate finished higher at 8.95 per cent from last weekend's level of 8.50 per cent. It moved in a range of 9.05 per cent and 8.00 per cent.

The Reserve Bank of India, under the Liquidity Adjustment Facility (LAF), purchased securities worth Rs 215.23 billion in 59-bids at the 1-day repo auction at a fixed rate of 8.00 per cent today morning, and sold securities worth Rs 3.58 billion from eight-bids at the 3-days reverse repo auction at a fixed rate of 7.00 per cent as on evening of May 9.