Bonds end mixed, call rates remain lower

Government bonds (G-Secs) ended mixed on alternate bouts of buying and selling, while the overnight call money rate also finished lower at the money market due to lack of demand from borrowing banks amid ample liquidity in the banking system.
The 7.59 per cent government security maturing in 2029 declined to Rs 99.0350 from Rs 99.09 previously, while its yield moved up to 7.71 per cent from 7.70 per cent.
The 7.59 per cent government security maturing in 2026 fell to Rs 100.55 from Rs 100.57, while its yield inched up to 7.51 per cent from 7.50 per cent.
The 8.27 per cent government security maturing in 2020 rose to Rs 102.4975 from Rs 102.40, while its yield moved down to 7.56 per cent from 7.59 per cent.

However, the 7.72 per cent government security maturing in 2025 and the 7.88 per cent government security maturing in 2030 were quoted lower at Rs 100.01 and Rs 100.03, respectively.
The overnight call money rates finished lower at 5.80 per cent from yesterday's closing level of 5.90 per cent. It resumed higher at 7.20 per cent and moved in a range of 7.55 per cent and 5.80 per cent.
Meanwhile, the Reserve Bank of India (RBI), under the Liquidity Adjustment Facility (LAF), purchased securities worth Rs 224.85 billion in 51-bids at the 5-day repo operations at a fixed rate of 6.75 per cent as on today, while it sold securities worth Rs 212.88 billion in 51-bids at the overnight reverse repo auction at a fixed rate of 5.75 per cent as on March 22.