Bonds close mixed, call rate ends higher

Comments print
PTI: Mumbai, Feb 25 2013, 22:04 IST
The government securities (G-Sec) closed mixed on alternate bouts of buying and selling, while call money rates at the overnight money market finished higher due to good demand from borrowing banks.

The 8.15 per cent G-Sec maturing in 2022 edged up to Rs 102.28 from Rs 102.27 last Friday, while its yield held steady at 7.80 per cent.

The 8.12 per cent G-sec maturing in 2020 moved up to Rs 101.7125 from Rs 101.70, while its yield ruled stable at 7.82 per cent.

However, the 8.33 per cent G-sec maturing in 2026 declined to Rs 103.54 from Rs 103.58, while its yield held steady at 7.89 per cent.

The 8.20 per cent G-sec maturing in 2025 eased to Rs 102.47 from Rs 102.4775, while its yield inched up to 7.89 per cent from 7.88 per cent.

The overnight call money rate finished higher at 7.85 per cent from previous closing level of 7.80 per cent. It moved in a range of 7.95 per cent and 7.25 per cent.

The Reserve Bank of India (RBI) under the Liquidity Adjustment Facility purchased securities worth Rs 1,284.25 billion in 38 bids at the one-day repo auction at a fixed rate of 7.75 per cent, while sold securities worth Rs 0.25 billion in one-bid at the 1-day reverse repo auction at a fixed rate of 6.75 per cent in the evening auction.

Ads by Google
   
Previous Story  No GSM applicant, second spectrum sale could be flop show again Next Story  Eating well could spread infections faster, UK study shows
Reader's Comments| Post a Comment

Be the first to comment.

Post your Comment

Your email address will not be published. Required fields are marked *

Name *
Email *
Message *
 
captcha
please enter the above characters in the box below