Govt bonds recover on good demand, call rate ends higher
The 8.15 per cent G-Sec maturing in 2022 shot up to Rs 101.70 from Rs 101.55 last Friday, while its yield edged down to 7.89 per cent from 7.91 per cent.
The 8.33 per cent G-Sec maturing in 2026 climbed to Rs 102.89 from Rs 102.65, while its yield moved down to 7.97 per cent from 8.00 per cent.
The 8.20 per cent G-Sec maturing in 2025 also surged Rs 101.7450 from Rs 101.56, while its yield eased to 7.98 per cent from 8.00 per cent.
The 8.07 per cent G-Sec maturing in 2017, the 8.97 per cent maturing in 2030 and the 8.79 per cent maturing in 2021 were also quoted higher at Rs 100.7250, Rs 107.6475 and Rs 104.94, respectively.
The Overnight call money rate finished higher at 7.00 per cent from previous close of 6.50 per cent. It moved in a range of 7.90 per cent and 6.25 per cent.
The Reserve Bank of India (RBI) under the Liquidity Adjustment Facility (LAF) purchased securities worth Rs 639.85 billion in 20-bids at the 1-day repo auction at a fixed rate of 7.75 per cent, while it sold securities worth Rs 130.95 billion in 16-bids at the one-day reverse repo auction at a fixed rate of 6.75 per cent in the evening auction.
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