Bonds ends mixed, call rate ends lower

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Press Trust of India Mumbai
Last Updated : Aug 04 2014 | 6:37 PM IST
The government bond (G-Sec) ended mixed on alternate bouts of buying and selling.
Meanwhile the overnight call money rate ended lower due to lack of demand from borrowing banks.
The 8.83 per cent 10-year benchmark bond maturing in 2023 climbed to Rs 100.5975 from Rs 100.45, while its yield moved down to 8.73 per cent from 8.75 per cent previously.
The 8.40 per cent government security maturing in 2024 rose to Rs 99.3350 from Rs 99.18, while its yield fell to 8.50 per cent from 8.52 per cent.
The 8.60 per cent government security maturing in 2028 also gained to Rs 99.57 from Rs 99.49, while its yield edged- down to 8.65 per cent from 8.66 per cent.
However, the 8.12 per cent government security maturing in 2020 eased to Rs 97.46 from Rs 97.46, while its yield held steady at 8.64 per cent.
The 7.80 per cent government security maturing in 2020 declined to Rs 96.04 from Rs 96.10, while its yield climbed to 8.69 per cent from 8.67 per cent.
The 7.28 per cent government security maturing in 2019 also fell to Rs 95.2450 from Rs 95.27, while its yield inched up to 8.50 per cent from 8.49 per cent.
The overnight call money rates ended lower at 7.00 per cent from last Friday's level of 7.05 per cent. It moved in a wide range of 8.20 per cent and 6.80 per cent.
Meanwhile, the Reserve Bank of India (RBI), under the Liquidity Adjustment Facility (LAF), purchased securities worth Rs 100.05 billion in 34-bids at the 1-day repo auction at a fixed rate of 8.00 per cent today morning, while it sold securities worth Rs 93.82 billion from 19-bids at the 3-days reverse repo auction at a fixed rate of 7.00 per cent as on last Friday.
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First Published: Aug 04 2014 | 6:37 PM IST

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