Bonds end mixed, call rates finish lower

Government bonds (G-Secs) ended mixed on alternate bouts of buying and selling, while, the overnight call money rate finished lower at the money market due to lack of demand from borrowing banks amid ample liquidity in the banking system.
The 8.40 per cent government security maturing in 2024 climbed to Rs 104.53 from Rs 104.46 previously, while its yield edged-down to 7.72 per cent from 7.73 per cent.
The 8.60 per cent government security maturing in 2028 inched-up to Rs 107.11 from Rs 107.10, while its yield ruled stable at 7.73 per cent.
The 8.28 per cent government security maturing in 2027 also moved up to Rs 104.03 from Rs 104.03, while its yield held steady at 7.77 per cent.

However, the 8.27 per cent government security maturing in 2020, edged down to Rs 102.3275 from Rs 102.33, while its yield held stable at 7.73 per cent.
The 8.15 per cent government security maturing in 2026, declined to Rs 103.74 from Rs 103.7825, while its yield held steady 7.66 per cent.

The 9.23 per cent government security maturing in 2043 moved down to Rs 104.03 from Rs 104.01, while its yield inched-up 7.76 per cent from 7.75 per cent.
The overnight call money rates finished lower at 7.00 per cent from yesterday's closing level of 8.00 per cent. It resumed higher at 8.05 and moved in a wide range of 8.05 per cent and 6.75 per cent.

Meanwhile, the Reserve Bank of India (RBI), under the Liquidity Adjustment Facility (LAF), purchased securities worth Rs 37.05 billion in 12-bids at the 1-day repo auction at a fixed rate of 7.75 per cent as on today, while it sold securities worth Rs 188.58 billion from 19-bids at the 1-day reverse repo auction at a fixed rate of 6.75 per cent as on Feb 03.