Bonds end mixed, call rates turn lower

Government bonds (G-Secs) today ended mixed on alternate bouts of buying and selling.
The overnight call money rate ended lower due to lack of demand from borrowing banks amid ample liquidity in the banking system.
The 8.40 per cent 10-year benchmark bond maturing in 2024 rose to Rs 101.5750 from Rs 101.55 previously, while its yield ruled stable at 8.16 per cent.
The 8.60 per cent government security maturing in 2028 gained to Rs 103.1075 from Rs 103.03, while its yield edged- down to 8.21 per cent from 8.22 per cent.
The 8.28 per cent government security maturing in 2027 moved up to Rs 100.13 from Rs 100.05, while its yield inched- down to 8.26 per cent from 8.27 per cent.

However, the 8.27 per cent government security maturing in 2020 fell to Rs 100.21 from Rs 100.26, while its yield edged-up to 8.22 per cent from 8.21 per cent.

The 8.83 per cent government security maturing in 2023, declined to Rs 103.5550 from Rs 103.5925, while its yield ruled steady at 8.26 per cent.
The 8.15 per cent government security maturing in 2026 also eased to Rs 99.99 from Rs 99.9950, while its yield held stable at 8.15 per cent.
The overnight call money rates ended lower at 7.70 per cent from yesterday's close of 8.60 per cent. It moved in wide range of 8.10 per cent and 7.65 per cent.

Meanwhile, the Reserve Bank of India (RBI), under the Liquidity Adjustment Facility (LAF), purchased securities worth Rs 177.05 billion in 43-bids at the 1-day repo auction at a fixed rate of 8.00 per cent today morning.
It sold securities worth Rs 23.12 billion from 10-bids at the 1-day reverse repo auction at a fixed rate of 7.00 per cent as on November 24.