Bonds recover, call rates maintain lower

Mumbai, Jan 03 (PTI) Government bonds (G-Secs)recovered following fresh demand from corporates and banks,while the overnight call money rates maintained 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 climbed to Rs 96.43 from Rs 96.02 previously, while,its yield moved down to 7.32 per cent from 7.38 per cent.The 6.68 per cent government security maturing in 2031were gained to Rs 93.59 from Rs 93.38 previously, while itsyield eased to 7.43 per cent from 7.46 per cent.The 6.84 per cent government security maturing in 2022were went-up to Rs 98.62 from Rs 98.50 previously, while itsyield edged down to 7.17 per cent from 7.20 per cent.The 7.16 per cent government security maturing in2023, the 7.72 per cent government security maturing in 2025and the 7.61 per cent government security maturing in 2030were also quoted higher to Rs 99.75, Rs 102.1950 and Rs 100.05respectively.The overnight call money rates finished slightly lowerat 5.78 per cent from Wednesday's level 5.80 per cent. Itresumed higher at 5.95 per cent and moving in a range of 6.00per cent and 5.75 per cent.Meanwhile, the Reserve Bank of India (RBI), under the Liquidity Adjustment Facility (LAF), purchased securities worth Rs 33.15 billions in 6-bids at the overnight repo auction at a fixed rate of 6.00 per cent as on today, its sold securities worth Rs 412.15 billion from 81-bids at the overnight reverse repo auction at a fixed rate of 5.75 per cent as on January 02. PTI

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