Bonds end mixed, call rates turn soft

The government bond (G-Sec) prices had a mixed trade on alternate bouts of buying and selling.
Interbank call money rate recovered due to good demand from borrowing banks supported by comfortable liquidity conditions in the banking system.
The 7.72 per cent government security maturing in 2025 moved down to Rs 99.7350 from yesterday's level of Rs 99.75, while its yield also increased to 7.76 from 7.75 per cent.
The 7.88 per cent government security maturing in 2030 rose to Rs 99.90 as compared to Rs 99.83, its yield also increased to 7.89 per cent.
The 8.40 per cent government security maturing in 2024 rose to Rs 102.92 against Rs 102.86, while its yield remain stable to 7.93 per cent.

The 7.68 per cent government security maturing in 2023, increased to Rs.98.68 while its yield increased marginal to 7.90 per cent.

The 8.27 per cent government security maturing in 2020 and the 8.15 per cent government security maturing in 2026 also quoted substantially lower at Rs 101.4250,and Rs 101.1850 respectively.
However, the 8.12 per cent government security maturing in 2020 gained to Rs 100.7150 from Rs 100.71 previously, while yield held stable at 7.95 per cent.
The overnight call money rates rose marginally to 7.30 per cent from yesterday's closing level of 7.20 per cent. It moved in a range of 7.27 per cent and 7.35 per cent in early trade.

Meanwhile, the Reserve Bank of India, under the Liquidity Adjustment Facility (LAF), purchased securities worth Rs 24 billion in 115.16 bids at the one-day overnight repo auction at a fixed rate of 7.25 per cent this morning.