Bonds remains bullish, call rate ends lower

The government securities (G-Sec) remained bullish on sustained buying support from banks and corporates, while the overnight call money rates ended lower due to lack of demand from borrowing banks.
The 8.83 per cent government security maturing in 2023 climbed to Rs 100.00 from Rs 99.8425, while its yield eased to 8.83 per cent from 8.85 per cent.
The 8.12 per cent government security maturing in 2020 gained to Rs 96.06 from Rs 95.75, while its yield moved fell to 8.92 per cent from 8.98 per cent.
The 8.35 per cent government security maturing in 2022 also advanced to Rs 96.70 from Rs 96.32, while its yield moved down to 8.93 per cent from 9.00 per cent.

The 8.24 per cent government security maturing in 2027, the 8.28 per cent government security maturing in 2027 and the 7.28 per cent government security maturing in 2019 were also quoted higher at Rs 93.4425, Rs 93.65 and Rs 93.91, respectively.
The overnight call money rate finished lower at 8.45 per cent from 8.70 per cent yesterday and it moved in a range of 8.80 per cent and 8.40 per cent.
The Reserve Bank of India, under the Liquidity Adjustment Facility (LAF), purchased securities worth Rs 216.91 billion in 58-bids at the 1-day repo auction at a fixed rate of 8.00 per cent today morning, and sold securities worth Rs 22.22 billion from 13-bids at the 1-day reverse repo auction at a fixed rate of 7.00 per cent as on yesterday evening.