Bonds regain, call rates end higher

Government bonds (G-Secs) prices regained on fresh buying support from banks and corporates, and the overnight call money rates also ended higher owing to good demand from borrowing banks amidst tight liquidity in the banking system.
The 7.59 per cent government security maturing in 2029 rose to Rs 103.0950 from Rs 103.0125 previously, while its yield inched down to 7.21 per cent from 7.22 per cent.
The 7.88 per cent government security maturing in 2030 climbed to Rs 105.82 from Rs 100.80, while its yield held stable to 7.20 percent.
The 7.61 per cent government security maturing in 2030 advanced to Rs 103.9225 from Rs 103.84, while its yield edged down to 7.15 per cent from 7.16 per cent.

The 7.72 per cent government security maturing in 2025, the 7.68 per cent government security maturing in 2023 and the 8.27 per cent government security maturing in 2020 were also quoted higher to Rs 103.2825, Rs 102.9450 and Rs 104.1450, respectively.
However, the 7.59 per cent government security maturing in 2026 declined to Rs 102.8975 from Rs 102.92, while its yield ruled steady at 7.16 per cent.
The overnight call money rates finished higher at 6.55 per cent from Monday's level of 6.35 per cent. It resumed higher at 6.55 per cent and moved in a range of 6.55 per cent and 6.10 per cent.

Meanwhile, the Reserve Bank of India (RBI), under the Liquidity Adjustment Facility (LAF), purchased securities worth Rs 55.38 billion in a 13-bids at the overnight repo auction at a fixed rate of 6.50 per cent as on today, while it sold securities worth Rs 39.99 billion from 21-bids at the overnight reverse repo auction at a fixed rate of 6.00 per cent as on August 22.