Bonds slips, while call rates ends stable

Government bonds (G-Secs) slipped on selling pressure from banks and corporates. While, the overnight call money rates ended stable at the money market as demand from borrowing banks match supplies.
The 7.59 per cent government security maturing in 2026 dropped to Rs 100.6550 from Rs 100.6875 previously, while its yield held steady to 7.49 per cent.
The 7.59 per cent government security maturing in 2029 declined to Rs 99.0250 as against Rs 99.1350, while its yield edged-up to 7.71 from 7.70 per cent.
The 7.88 per cent government security maturing in 2030 fell to Rs 100.9150 from Rs 100.97, while its yield edged-up to 7.77 per cent from 7.76 per cent.

The 7.80 percent government security maturing in 2021, the 7.72 percent government security maturing in 2025 and the 8.12 per cent government security maturing in 2020 were quoted lower at Rs 101.40, Rs 100.3250 and Rs 102.69 respectively.
The overnight call money rates ended steady at 6.00 per cent yesterday's level. Its resumed higher at 6.40 and moved in a wide range of 6.40 per cent and 4.00 per cent.
Meanwhile, the Reserve Bank of India (RBI), under the Liquidity Adjustment Facility (LAF), purchased securities worth Rs 33.95 billion in 6-bids at the 3-day repo auction at a fixed rate of 6.50 per cent as on today, while its sold securities worth Rs 358.45 billion from 42-bids at the 1-day overnight reverse repo auction at a fixed rate of 6.00 per cent as on June 09.