Bonds end mixed, call rates end higher

Government bonds (G-Secs) ended mixed on alternate bouts of buying and selling, while the overnight call money rate ended higher at the money market due to good demand from borrowing banks amid tight liquidity in the banking system.
The 8.40 per cent 10-year benchmark bond maturing in 2024 rose to Rs 102.9325 from Rs 102.90 previously, while its yield held stable at 7.96 per cent.
The 8.27 per cent government security maturing in 2020 climbed to Rs 100.78 from Rs 100.6750, while its yield moved down to 8.09 per cent from 8.11 per cent.
The 8.12 per cent government security maturing in 2020 also gained to Rs 100.0850 from Rs 99.99, while its yield fell to 8.10 per cent from 8.12 per cent.

However, the 8.60 per cent government security maturing in 2020, declined to Rs 104.8550 from Rs 104.90, while its yield held steady at 8.00 per cent.
The 8.28 per cent government security maturing in 2027, also fell to Rs 101.4750 from Rs 101.60, while its yield edged up by 8.09 per cent from 8.08 per cent.
The overnight call money rates ended higher at 8.05 per cent from its last Friday's closing level of 7.00 per cent. It resumed higher at 8.35 and moved in range of 8.50 per cent and 7.50 per cent.
Meanwhile, the Reserve Bank of India (RBI), under the Liquidity Adjustment Facility (LAF), purchased securities worth Rs 219.72 billion in 55-bids at the 1-day repo auction at a fixed rate of 8.00 per cent today, while it sold securities worth Rs 25.22 billion from 9-bids at the 3-days reverse repo auction at a fixed rate of 7.00 per cent as on December 19.