Bonds rebound, call rates finish lower

Mumbai, Dec 27 (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 6.79 per cent 10-year benchmark bond maturing in2027 were rose to Rs 97.10 from Rs 96.73 previously, while,its yield moved down to 7.22 per cent from 7.28 per cent.The 6.68 per cent government security maturing in 2031were gained to Rs 94.50 from Rs 94.19 previously, while itsyield eased to 7.32 per cent from 7.36 per cent.The 7.16 per cent government security maturing in 2023were went-up to Rs 100.20 from Rs 100.00 previously, while itsyield edged down to 7.11 per cent from 7.16 per cent.The 7.72 per cent government security maturing in2025, the 7.68 per cent government security maturing in 2023and the 6.84 per cent government security maturing in 2022were also quoted higher to Rs 102.50, Rs 102.43 and Rs 99.11respectively.The overnight call money rates ended lower at 5.95 percent from Tuesday's level 6.00 per cent. It resumed higher at6.05 per cent and moving in a range of 6.25 per cent and 5.81per cent.Meanwhile, the Reserve Bank of India (RBI), under the Liquidity Adjustment Facility (LAF), purchased securities worth Rs 254.80 billions in 41-bids at the overnight repo auction at a fixed rate of 6.00 per cent as on today, its sold securities worth Rs 97.81 billion from 35-bids at the overnight reverse repo auction at a fixed rate of 5.75 per cent as on December 26. PTI

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