Bonds ends mixed, call rates finish higher

Comments print
PTI: Mumbai, Mar 11 2013, 22:19 IST
The government securities (G-Sec) ended 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 eased to Rs 101.9850 from Rs 101.9950 last Friday, while its yield held steady at 7.84 per cent.

The 8.33 per cent G-sec maturing in 2026 moved down to Rs 103.16 from Rs 103.1875, while its yield ruled stable at 7.94 per cent and 8.20 per cent. G-sec maturing in 2025 also looked down to Rs 102.06 from Rs 102.11, while its yield inched up to 7.94 per cent from 7.93 per cent.

However, the 8.07 per cent G-sec maturing in 2017 edged-up to Rs 100.8650 from Rs 100.8550, while its yield softened to 7.82 per cent from 7.83 per cent.

The 8.12 per cent G-sec maturing in 2020 improved to Rs 101.70 from Rs 101.6950, while its yield held steady at 7.82 per cent.

The overnight call money rate finished higher at 7.85 per cent from last weekend's level of 7.25 per cent. It moved in a range of 7.90 per cent and 7.60 per cent.

The Reserve Bank of India (RBI) under the Liquidity Adjustment Facility purchased securities worth Rs 1,018.60 billion in 36 bids at the one-day repo auction at a fixed rate of 7.75 per cent, and sold securities worth Rs 0.35 billion in one-bid at the 1-day reverse repo auction at a fixed rate of 6.75 per cent in the evening

... contd.

Ads by Google
   1 | 2 | Next
Previous Story  'Honda Motor can be No 1 two-wheeler maker if slowdown continues' Next Story  Railways earnings up by above 20 per cent
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Your email address will not be published.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