Bonds rebound, call rates finish lower
Mumbai, Jan 05 (PTI) Government bonds (G-Secs) rebounded following renewed demand from corporates and banks, while the overnight call money rates finished lower due to lack of demand from borrowing banks amid comfortable liquidity situation in the banking system.
Mumbai, Jan 05 (PTI) Government bonds (G-Secs)rebounded following renewed demand from corporates and banks,while the overnight call money rates finished lower due tolack of demand from borrowing banks amid comfortable liquiditysituation in the banking system.The 6.68 per cent 10-year benchmark bond maturing in2031 were rose to Rs 94.2150 from Rs 93.3850 previously,while, its yield moved down to 7.36 per cent from 7.46 percent.The 6.79 per cent government security maturing in 2027were went-up to Rs 96.65 from Rs 96.3650 previously, while itsyield eased to 7.29 per cent from 7.33 per cent.The 6.84 per cent government security maturing in 2022were gained to Rs 98.73 from Rs 98.5250 previously, while itsyield edged down to 7.15 per cent from 7.20 per cent.The 8.15 per cent government security maturing in2026, the 7.16 per cent government security maturing in 2023and the 8.33 per cent government security maturing in 2026were also quoted higher to Rs 104.34, Rs 99.85 and Rs 105.25respectively.The overnight call money rates finished lower at 5.75per cent from Thursday's level 5.80 per cent. It resumedhigher at 5.95 per cent and moving in a range of 5.95 per centfrom 5.70 per cent.The 3-days call money rates finished at 5.75 per cent.Its opened at 5.95 per cent and moving in a range of 6.00 percennt and 5.70 per cent.Meanwhile, the Reserve Bank of India (RBI), under the Liquidity Adjustment Facility (LAF), purchased securities worth Rs 33.20 billions in 8-bids at the 3-days repo auction at a fixed rate of 6.00 per cent as on today, its sold securities worth Rs 493.65 billion from 63-bids at the overnight reverse repo auction at a fixed rate of 5.75 per cent as on January 04. PTI
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