Bonds end narrowly mixed, call rates remain soft

Government bonds (G-Secs) ended narrowly mixed in light trade due to alternate bouts of buying and selling even as equities and rupee continued their runaway rally.
On the other hand, the interbank call rates remained weak owing to lacklustre demand from borrowing banks amid adequate liquidity in the banking system.
The 7.59 per cent government security maturing in 2026 edged down to Rs 101.11 from last weekend level of Rs 101.15, while its yield settled unaltered at 7.42 per cent.
The 7.59 per cent government security maturing in 2029 also softened to Rs 100 as compared to Rs 100.0150, its yield held stable at 7.59 per cent.

However, the 7.88 per cent government security maturing in 2030 firmed up to Rs 102.1350 from Rs 102.12, while its yield inched down to 7.62 per cent against 7.63 per cent.
The 7.68 per cent government security maturing in 2023 moved up to Rs 102.1350 from Rs 101.1050, its yield moved eased to 7.47 per cent from 7.48 per cent.

The 8.27 percent government security maturing in 2020, the 7.35 per cent government security maturing in 2024 and the 7.72 per cent government security maturing in 2025 were also quoted modest higher at Rs 103.54, Rs 99.11 and Rs 101, respectively.

The overnight call money rates ended a tad lower at 6.00 per cent from last Friday's closing value of 6.05 percent after moving in a range of 6.30 and 6.50 per cent earlier.
Meanwhile, the Reserve Bank of India (RBI), under the Liquidity Adjustment Facility (LAF), purchased securities worth Rs 221.13 billion in 45-bids at one-day overnight repo auction at a fixed rate of 6.50 per cent this evening.