Bonds, call rates rebound

Mumbai, Dec 29 (PTI) Government bonds (G-Secs)rebounded following fresh demand from corporates and banks,and the interbank call money rates also ended higher due togood demand from borrowing banks amid tight liquiditysituation in the banking system.The 6.79 per cent government security maturing in 2027were rose to Rs 96.38 from Rs 95.94 previously, while, itsyield eased to 7.33 per cent from 7.40 per cent.The 6.68 per cent government security maturing in 2031were climbed to Rs 93.64 from Rs 92.91 previously, while itsyield edged down to 7.43 per cent from 7.52 per cent.The 6.84 per cent government security maturing in 2022were gained to Rs 98.89 from Rs 98.39 previously, while, itsyield moved down to 7.11 per cent from 7.23 per cent.The 6.79 per cent government security maturing in2029, the 7.72 per cent government security maturing in 2025and the 8.08 per cent government security maturing in 2022were also quoted higher to Rs 95.05, Rs 102.50 and Rs 103.28respectively.The overnight call money rates finished higher at 6.10per cent from Thursday's close 5.95 per cent. It resumedhigher at 6.20 per cent and moved in a range of 6.20 per centand 5.90 per cent.The 3-days call money rates ended at 6.10 per cent,its opened 6.15 per cent and moved in a range of 6.45 per centand 5.85 per cent.Meanwhile, the Reserve Bank of India (RBI), under the Liquidity Adjustment Facility (LAF), purchased securities worth Rs 78.55 billion in 16-bids at the 3-days repo opertion at a fixed rate of 6.00 per cent as on today, while its sold securities worth Rs 330.35 billion from 58-bids at the overnight reverse repo auction at a fixed rate of 5.75 per cent as on December 28. PTI

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