Bonds end mixed, call rates slip

Government bonds (G-Secs) ended mixed on alternate bouts of buying and selling.
While, overnight call money rates slipped due to lack of demand from borrowing banks on the back of comfortable liquidity in the banking system.
The 8.40 per cent government security maturing in 2024 fell to Rs 104.6200 from Rs 104.6300 previously, while its yield inched up at 7.71 per cent from 7.70 per cent.
The 8.27 per cent government security maturing in 2020 eased to Rs 102.5550 from Rs 102.5800, while its yield moved up to 7.68 per cent from 7.67 per cent.
The 8.83 per cent government security maturing in 2026 also dropped to Rs 101.66 from Rs 101.67, while its yield held steady to 7.77 per cent.

The 8.28 per cent government security maturing in 2027 declined to Rs 103.95 from Rs 104.0050, while its yield rose to 7.78 per cent from 7.77 per cent.

However, the 8.60 per cent government security maturing in 2028 gained to Rs 107.1600 from Rs 107.1375, while its yield held steady to 7.73 per cent.
The 8.15 per cent government security maturing in 2026 also edged-up to Rs 103.9400 from Rs 103.9100, while its yield held stable at 7.64 per cent.
The overnight call money rates ended lower at 6.80 per cent from yesterday's closing level of 7.80 per cent. It moved in a wide range of 8.15 per cent and 6.75 per cent.

Meanwhile, the Reserve Bank of India (RBI), under the Liquidity Adjustment Facility (LAF), purchased securities worth Rs 224.91 billion in 56-bids at the 1-day repo auction at a fixed rate of 7.75 per cent today, while it sold Securities worth Rs 42.45 billion from 22-bids at the 1-day reverse repo auction at a fixed rate of 6.75 per cent as on Jan 27.