Government bonds remain lower,call rates finish higher

The 8.15 per cent government security maturing in 2022 fell to Rs 99.7775 from 99.80,while its yield held steady at 8.18 per cent.

The 8.19 per cent government security maturing in 2020 declined to Rs 99.47 from Rs 99.50 while its yield held stable at 8.28 per cent.

The 8.97 per cent government security maturing in 2030 and 9.15 per cent government security maturing in 2024 were also quoted lower at Rs 103.97 and Rs 105.76,respectively.

The call money rate finished higher at 8.00 per cent from 7.95 per cent last Friday,It moved in a range of 8.10 per cent and 7.80 per cent.

The Reserve Bank of India (RBI) under the Liquidity Adjustment Facility (LAF) purchased securities worth Rs 536.55 billion from 17 bids at the one-day repo auction at a fixed rate of 8 per cent.