Bonds end mixed, call rates finish lower
Mumbai, Jan 11 (PTI) Government bonds (G-Secs) ended mixed in a quiet trade due to alternate bouts of buying and selling.
Mumbai, Jan 11 (PTI) Government bonds (G-Secs) endedmixed in a quiet trade due to alternate bouts of buying andselling.While, the overnight call money rates finished lowerdue to lack of demand from borrowing banks amidst ampleliquidity in the banking system.The 6.79 per cent 10-year benchmark bond maturing in2027 gained to Rs 95.69 from Rs 95.66 previously, while itsyield held stable to 7.44 per cent.The 6.84 per cent government security maturing in2022 rose to Rs 98.34 from Rs 98.32 previously, while itsyield inched down to 7.24 per cent from 7.25 per cent.The 8.15 per cent government security maturing in2022 went-up to Rs 103.22 from Rs 103.21 previously, while itsyield ruled steady to 7.28 per cent.However, the 6.68 per cent government securitymaturing in 2031, the 7.17 per cent government securitymaturing in 2028 and the 8.20 per cent government securitymaturing in 2022 were quoted lower to Rs 92.79, Rs 99.34 andRs 103.2950 respectively.The overnight call money rates ended lower at 5.85 percent from Wednesday's level 5.90 per cent. It resumed higherat 6.00 per cent and moved in a range 6.00 per cent and 5.80per cent.Meanwhile, Reserve Bank of India, under the Liquidity Adjustment Facility, purchased securities worth Rs 32.55 billion in 5-bids at the overnight repo operation at a fixed rate of 6.00 per cent as on today, while it sold securities worth Rs 73.28 billion in 34-bids at the overnight reverse repo auction at a fixed rate of 5.75 per cent as on January 10. PTI
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