Bonds end mixed; call rate recovers

Government bonds (G-Sec) ended mixed on alternate bouts of buying and selling, while the call money finished higher at the money market here today due to good demand from borrowing banks.
The 8.60 per cent government security maturing in 2028 fell to Rs 105.38 from Rs 105.41 previously while its yield held steady at 7.94 per cent.
The 8.27 per cent government security maturing in 2020, declined to Rs 101.0275 from Rs 101.0750, while its yield edged-up to 8.03 per cent from 8.02 per cent.
The 8.83 per cent government security maturing in 2023, also eased to Rs 105.01 from Rs 105.12, while its yield moved up to 8.03 per cent from 8.01 per cent.

However, the 8.40 per cent government security maturing in 2024 climbed to Rs 103.49 from Rs 103.4425, while its yield moved down to 7.87 per cent from 7.88 per cent.
The 8.15 per cent government security maturing in 2026, edged up to Rs 102.02 from Rs 102.00, while its yield inched- down to 7.88 per cent from 7.89 per cent.

The 7.16 per cent government security maturing in 2023 also gained to Rs 94.7375 from Rs 94.70, while its yield edged down to 8.03 per cent from 8.04 per cent.
The overnight call money rates ended higher at 7.20 per cent from Thursday's close of 7.00 per cent and the 3-day call money rates finished higher at 7.20 per cent from last Friday's level of 7.00 per cent and moved in a range of 8.05 and 7.15 per cent.

Meanwhile, the Reserve Bank of India (RBI), under the Liquidity Adjustment Facility (LAF), purchased securities worth Rs 89.71 billion in 20-bids at the 3-days repo auction at a fixed rate of 8.00 per cent today morning, while its sold securities worth Rs 144.76 billion from 28-bids at 1-day reverse repo auction at a fixed rate of 7.00 per cent, as on Jan 1.