Bonds rise on good buying, call rate ends lower

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SummaryThe 8.33 per cent G-Sec maturing in 2026 surged to Rs 100.60 from Rs 100.54 yesterday, while its yield inched down to 8.25 per cent from 8.26 per cent.

The Government securities (G-Sec) rose on fresh buying support from banks and corporates, while the call money rates finished lower at the overnight call money market here today due to lack of demand from borrowing banks.

The 8.33 per cent G-Sec maturing in 2026 surged to Rs 100.60 from Rs 100.54 yesterday, while its yield inched down to 8.25 per cent from 8.26 per cent.

The 8.20 per cent G-Sec maturing in 2025 climbed to Rs 99.5775 from Rs 99.44, while its yield moved down to 8.25 per cent from 8.27 per cent.

The 8.15 per cent G-Sec maturing in 2022 also gained to Rs 99.8625 from Rs 99.86, while its yield held steady at 8.17 per cent.

The 8.97 per cent G-Sec maturing in 2030, the 8.19 per cent maturing in 2020 and the 8.07 per cent maturing in 2017 also quoted higher at Rs 105.7550, Rs 99.9425 and Rs 99.7650, respectively.

The Overnight call money rate ended lower at 8.05 per cent from its yesterday's close of 8.10 per cent. It moved in a range of 8.10 per cent and 7.90 per cent.

The Reserve Bank of India (RBI) under the Liquidity Adjustment Facility (LAF) purchased securities worth Rs 796.25 billion in 32 bids at the one-day repo auction at a fixed rate of 8.00 per cent.

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