Bonds ends mixed, call rates turn lower

Government bonds (G-Secs) ended mixed on alternate bouts of buying and selling, while the overnight call money rate turned lower at the money market due to lack of demand from borrowing banks amid ample liquidity in the banking system.
The 8.40 per cent government security maturing in 2024 fell to Rs 104.6350 from Rs 104.65 previously, while its yield held stable at 7.70 per cent.
The 8.15 per cent government security maturing in 2026, moved down to Rs 103.87 from Rs 103.8775, while its yield ruled steady at 7.64 per cent.
However, the 8.60 per cent government security maturing in 2028 edged-up to Rs 107.28 from Rs 107.27, while its yield held stable at 7.71 per cent.

The 8.27 per cent government security maturing in 2020 rose to Rs 102.3975 from Rs 102.3450, while its yield inched down to 7.71 per cent from 7.72 per cent.
The 8.83 per cent government security maturing in 2026, also climbed to Rs 106.6725 from Rs 106.6475, while its yield held steady at 7.77 per cent.
The overnight call money rates ended lower at 7.00 per cent from yesterday's closing level of 8.70 per cent. It moved in a range of 7.85 and 6.10 per cent. While the 3-days call money rates finished stable at its last weekend's level of 7.95 per cent.

Meanwhile, the Reserve Bank of India (RBI), under the Liquidity Adjustment Facility (LAF), purchased securities worth Rs 133.61 billion in 41-bids at the 3-days repo auction at a fixed rate of 7.75 per cent as on today, while it sold securities worth Rs 25.04 billion from 16-bids at the 1-day reverse repo auction at a fixed rate of 6.75 per cent as on Feb 05.