Bonds end mixed, call rates higher

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Press Trust of India Mumbai
Last Updated : Oct 21 2016 | 6:28 PM IST
Government bonds (G-Sec) prices had a mixed trade on alternate bouts of buying and selling.
Interbank call money rates ended higher following rising demand from borrowing banks amid tight liquidity in the banking system.
The 7.59 per cent government security maturing in 2026 slipped to Rs 104.9850 from yesterday's level of Rs 104.9950, while its yield held stable to 6.85 per cent.
The 7.88 per cent government security maturing in 2030 dipped to Rs 107.41 as compared to Rs 107.45, while its yield inched up to 7.02 per cent from 7.01 per cent.
However, the 7.61 per cent government security maturing in 2030 rose to Rs 105.5650 from previous level of Rs 105.51, while its yield stood at 6.97 per cent.
The 6.97 per cent government security maturing in 2026 gained to Rs 101.4900 from yesterday's level of Rs 101.4825, while, its yield ruled steady to 6.76 per cent.
The 7.68 per cent government security maturing in 2023 moved up to Rs 104.7150 from previous level of Rs 104.69, while its yield softened to 6.83 per cent from 6.84 per cent.
The overnight call money rates finished higher to 6.35 per cent from Thursday's closing level of 6.20 per cent. It moved in a range of 6.38 per cent and 6.20 per cent.
Meanwhile, the Reserve Bank of India (RBI), under the Liquidity Adjustment Facility (LAF), purchased securities worth Rs 162.87 billion in a 30-bids at the 3-days repo auction at a fixed rate of 6.25 per cent as on today, while it sold securities worth Rs 24.42 billion from 18-bids at the overnight reverse repo auction at a fixed rate of 5.75 per cent as on October 20.

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First Published: Oct 21 2016 | 6:28 PM IST

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