Bonds rebound on fresh demand, call rates stable

Government bonds (G-Secs) staged a smart rebound following renewed demand from corporates and banks.
While, the inter-bank call money rates remained steady as demand from borrowing banks match supplies.
The 7.59 per cent government security maturing in 2026 rose to Rs 102.8425 from Rs 102.6650 yesterday, while its yield eased to 7.17 per cent from 7.20 per cent.
The 7.59 per cent government security maturing in 2029 jumped to Rs 102.72 compared to Rs 102.51 previously, while its yield edged down to 7.26 per cent from 7.28 per cent.
The 7.88 per cent government security maturing in 2030 went-up to Rs 105.3150 as against Rs 105.11, while its yield moved down to 7.26 per cent from 7.28 per cent.

The 7.68 per cent government security maturing in 2023, the 7.61 per cent government security maturing in 2030 and 7.72 per cent government security maturing in 2025 were also quoted higher at Rs 102.89, Rs 103.3875 and Rs 103.0725 respectively.
The overnight call money rates ended stable at its previous level of 6.50 per cent after trading in a range of 6.60 per cent and 6.30 per cent.
Meanwhile, Reserve Bank of India (RBI), under the Liquidity Adjustment Facility (LAF), purchased securities worth Rs 48.65 billion in 12-bids at the overnight repo auction at a fixed rate of 6.50 per cent this evening. While, its sold securities worth Rs 66.60 billion from 27-bids at the overnight reverse repo auction at a fixed rate of 6.00 per cent as on Aug 3.