Bonds end mixed, call rates turn higher
Mumbai, Jan 12 (PTI) Government bonds (G-Secs) ended mixed in a quiet trade due to alternate bouts of buying and selling.
Mumbai, Jan 12 (PTI) Government bonds (G-Secs) endedmixed in a quiet trade due to alternate bouts of buying andselling.While, the overnight call money rates turned higherfollowing good demand from borrowing banks amid tightliquidity in the banking system.The 6.68 per cent 10-year benchmark bond maturing in2031 declined to Rs 92.62 from Rs 92.79 previously, while itsyield edged up to 7.56 per cent from 7.53 per cent.The 6.79 per cent government security maturing in2027 slipped to Rs 95.57 from Rs 95.69 previously, while itsyield edged up to 7.46 per cent from 7.44 per cent.The 7.17 per cent government security maturing in2028 went-down to Rs 99.2250 from Rs 99.34 previously, whileits yield edged up to 7.28 per cent from 7.26 per cent.However, the 8.20 per cent government securitymaturing in 2022 and the 8.15 per cent government securitymaturing in 2022 were quoted higher to Rs 103.3275 andRs 103.60 respectively.The overnight call money rates ended higher at 5.95per cent from Thursday's level 5.85 per cent. It resumedhigher at 6.00 per cent and moved in a range 6.00 per cent and5.75 per cent.Meanwhile, Reserve Bank of India, under the Liquidity Adjustment Facility, purchased securities worth Rs 32.55 billion in 5-bids at the 3-days repo operation at a fixed rate of 6.00 per cent as on today, while it sold securities worth Rs 66.24 billion in 33-bids at the overnight reverse repo auction at a fixed rate of 5.75 per cent as on January 11. PTI
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