Bonds slip, call rates remained lower

The government bonds (G-Sec) 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 amidst ample liquidity in the banking system.
The 8.40 per cent government security maturing in 2024 eased to Rs 102.47 from Rs 102.51, while its yield edged-up to 8.01 per cent from 8.00 per cent.
The 7.72 per cent government security maturing in 2025 fell to Rs 99.14 from Rs 99.1825, while its yield ended stable at 7.84 per cent.
The 7.88 per cent government security maturing in 2030 also moved down to Rs 98.60 from Rs 98.62, while its yield held steady at 8.04 per cent.

However, the 8.27 per cent government security maturing in 2020 rose to Rs 101.0250 from Rs 101.00, while its yield inched-up to 8.01 per cent from 8.02 per cent.

The 8.08 per cent government security maturing in 2022 climbed to Rs 99.68 from Rs 99.6375, while its yield edged-down to 8.14 per cent from 8.15 per cent.
The 8.83 per cent government security maturing in 2023 also advanced to Rs 104.1750 from Rs 104.10, while its yield moved down to 8.13 per cent fro 8.14 per cent.
The Interbank call rates finished lower at 7.10 per cent from Wednesday's closing level at 7.15 per cent and moved in a range of 7.25 per cent and 7.00 per cent.

Meanwhile, the Reserve Bank of India (RBI), under the Liquidity Adjustment Facility (LAF), purchased securities worth Rs 26.62 billion in 7-bids at the overnight repo auction at a fixed rate of 7.25 per cent this morning, while it sold securities worth Rs 38.05 billion from 16-bids at the overnight reverse repo auction at a fixed rate of 6.25 per cent as on Jul 15.