Bonds end mixed, call rates rule stable

Image
Press Trust of India Mumbai
Last Updated : May 25 2016 | 7:02 PM IST
Government bonds (G-Secs) ended mixed in thin trade following alternate bouts of buying and selling.
While, Interbank call money rates remained steady as demand from borrowing banks match supplies.
The 7.59 per cent government security maturing in 2026 rose to Rs 100.8450 as compared to Rs 100.83 previously, while its yield softened to 7.46 per cent from 7.47 per cent.
The 7.88 per cent government security maturing in 2030 gained to Rs 101.0350 from Rs 101.0050, while its yield edged- down to 7.75 per cent from 7.76 per cent.
However, the 7.59 percent government security maturing in 2029 fell to Rs 99.32 from Rs 99.33, while its yield held steady to 7.67 per cent.
The 7.68 percent government security maturing in 2023 declined to Rs 100.5375 from Rs 100.56, while its yield ruled stable to 7.58 per cent.
The 7.72 percent government security maturing in 2025 dipped to Rs 100.4050 from Rs 100.43, while its yield inched up to 7.66 per cent from 7.65 per cent.
The 8.27 per cent government security maturing in 2020 slid to Rs 103.15 from Rs 103.1550, while its yield remained unchanged to 7.35 per cent.
The overnight call money rates ended stable at its previous level of 6.50 per cent after trading in a range of 6.70 per cent and 6.50 per cent.
Meanwhile, the Reserve Bank of India (RBI), under the Liquidity Adjustment Facility (LAF), purchased securities worth Rs 211.41 billion in 47-bids at the overnight repo auction at a fixed rate of 6.50 per cent as on today, while its sold securities worth Rs 23.14 billion from 21-bids at the overnight reverse repo auction at a fixed rate of 6.00 per cent as on May 24.
*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: May 25 2016 | 7:02 PM IST

Next Story