Bonds end mixed, call rate slips

The government bond prices ended mixed on alternate bouts of buying and selling, while, the Overnight call money rates ended lower at the money market due to lack of demand from borrowing banks.
The 8.83 per cent 10-year benchmark bond maturing in 2023 moved up to Rs 100.75 from Rs 100.73, while its yield held steady at 8.71 per cent.
The 8.60 per cent government security maturing in 2028 edged up to Rs 99.02 from Rs 99.01, while yield held steady at 8.72 per cent.
The 8.40 per cent government security maturing in 2024 also gained to Rs 98.9650 from Rs 98.9550, while yield held stable at 8.56 per cent.

However, the 8.27 per cent government security maturing in 2020 eased to Rs 98.3325 from Rs 98.35, while its yield inched-up to 8.64 per cent from 8.63 per cent.
The 8.28 per cent government security maturing in 2027 moved down to Rs 95.78 from Rs 95.80, while its yield ruled stable at 8.83 per cent.

The 7.80 per cent government security maturing in 2020 fell to Rs 95.77 from Rs 95.80, while its yield edged up to 8.76 per cent from 8.75 per cent.
The overnight call money rates ended lower at 7.05 per cent as against 7.05 per cent yesterday. It moved in a wide range of 8.20 per cent and 6.90 per cent.

Meanwhile, the Reserve Bank of India (RBI), under the Liquidity Adjustment Facility (LAF), purchased securities worth Rs 161.60 billion in 37-bids at the one day repo auction at a fixed rate of 8.00 per cent, while it sold securities worth Rs 33.23 billion from 13-bids at the 1-day reverse repo auction at a fixed rate of 7.00 per cent, yesterday evening.