Bonds ends mixed, call rates end higher

The government bond (G-Sec) ended mixed on alternate bouts of buying and selling.
While, overnight call money rate ended higher due to good demand from borrowing banks following tight liquidity conditions in the banking system.
The 7.72 per cent government security maturing in 2025 gained to Rs 99.7575 from yesterday's level of Rs 99.7350, while its yield edged-up to 7.75 per cent from 7.76 per cent.
The 7.68 per cent government security maturing in 2023 rose to Rs 98.6875 compared to Rs 99.68, while its yield ruled stable at 7.90 per cent.
The 8.40 per cent government security maturing in 2024 moved up to Rs 102.93 against Rs 102.92, while its yield held stable at 7.93 per cent.

However, the 7.88 per cent government security maturing in 2023, fell to Rs 99.9650 from Rs 99.90, while its yield edged-down to 7.88 per cent from 7.90 per cent.

The 8.27 per cent government security maturing in 2020 eased to Rs 101.42 from Rs 101.4250, while its yield held steady at 7.90 per cent.
The 7.35 per cent government security maturing in 2024 moved down to Rs 96.4275 from Rs 96.43, while its yield ruled stable at 7.92 per cent.
The overnight call money rates ended higher at 7.40 per cent from yesterday's closing level of 7.30 per cent. It moved in a range of 7.45 per cent and 7.00 per cent.

Meanwhile, the Reserve Bank of India, under the Liquidity Adjustment Facility (LAF), purchased securities worth Rs 195.50 billion in 44 bids at the 2-day overnight repo auction at a fixed rate of 7.25 per cent this morning.