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This is an archive article published on July 26, 2012

Bond rates end mixed,call rate recovers

The government securities (G-Sec) ended mixed on alternate bouts of buying and selling.

The government securities (G-Sec) ended mixed on alternate bouts of buying and selling. While call rates recovered at the overnight call money market here today on fresh demand from borrowing banks.

The 9.15 per cent G-Sec maturing in 2024 surged to Rs 106.4650 from Rs 106.4350 yesterday,while its yield held steady at 8.30 per cent.

The 8.19 per cent G-sec maturing in 2020 rose to Rs 100.24 from Rs 100.18,while its yield edged down at 8.15 per cent from 8.16 per cent.

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The 8.79 per cent G-sec maturing in 2021 gained to Rs 103.4050 from Rs 103.40,while its yield eased to 8.25 per cent from 8.26 per cent.

However,the 8.15 per cent G-sec maturing 2022 dropped to Rs 100.23 from Rs 100.31 previously,while its yield inched up to 8.11 per cent from 8.10 per cent.

The 8.33 per cent G-sec maturing 2026 declined to Rs 100.81 from Rs 100.84,while its yield held stable to 8.23 per cent.

The 8.97 per cent G-sec maturing 2030 dipped to Rs 104.70 from Rs 104.77,while its yield moved up to 8.46 per cent from 8.45 per cent.

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The call money rate finished higher at 8.00 per cent from yesterday’s closing level of 7.95 per cent. It moved in a range of 8.05 per cent and 7.95 per cen

The Reserve Bank of India (RBI) under the Liquidity Adjustment Facility (LAF) purchased securities worth Rs 22,300 crore in 14 bids at the one-day repo auction at a fixed rate of 8.00 per cent,while sold securities worth Rs 500 crore from 1 bid at the one-day reverse repo auction at a fixed rate of 7 per cent.

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