Bonds ends mixed, call rates remains lower

Government bonds (G-Secs) ended mixed on alternate bouts of buying and selling.
The overnight call money rate remained lower at the money market due to sustained demand from borrowing banks amid ample liquidity in the banking system.
The 8.40 per cent government security maturing in 2024 fell to Rs 104.1675 from Rs 104.2025 previously, while its yield held steady at 7.77 per cent.
The 8.60 per cent government security maturing in 2028 eased to Rs 106.18 from Rs 106.22, while its yield held stable at 7.84 per cent.
The 8.27 per cent government security maturing in 2020 also moved down to Rs 101.61 from Rs 101.6150, while its yield edged-up to 7.90 per cent from 7.89 per cent.

However, the 8.15 per cent government security maturing in 2026 gained to Rs 102.9450 from Rs 102.92, while its yield inched-down to 7.76 per cent from 7.77 per cent.

The 7.80 per cent government security maturing in 2020 also edged-up to Rs 99.33 from Rs 99.3225, while its yield held stable at 7.95 per cent.
The overnight call money rates ended lower at 7.50 per cent from yesterday's closing level of 8.05 per cent. It resumed higher at 8.30 and moved in a wide range of 8.65 per cent and 7.25 per cent.
Meanwhile, the Reserve Bank of India (RBI), under the Liquidity Adjustment Facility (LAF), purchased securities worth Rs 207.36 billion in 55-bids at the 1-day repo auction at a fixed rate of 8.00 per cent today, while it sold Securities worth Rs 29.33 billion from 12-bids at the 1-day reverse repo auction at a fixed rate of 7.00 per cent as on Jan 13.