Bonds remain mixed, call rates turn lower
Mumbai, Jan 15 (PTI) Government bonds (G-Secs) witnessed mixed trade in a quiet trade due to alternate bouts of buying and selling.
Mumbai, Jan 15 (PTI) Government bonds (G-Secs)witnessed mixed trade in a quiet trade due to alternate boutsof buying and selling.While, the overnight call money rates turned lowerfollowing lack of demand from borrowing banks amidst ampleliquidity in the banking system.The 6.79 per cent 10-year benchmark bond maturing in2027 rose to Rs 95.65 from Rs 95.57 previously, while itsyield edged down to 7.44 per cent from 7.46 per cent.The 6.68 per cent government security maturing in2031 increased to Rs 92.69 from Rs 92.62 previously, while itsyield eased to 7.54 per cent from 7.56 per cent.The 7.17 per cent government security maturing in2028 went-up to Rs 99.28 from Rs 99.2250 previously, while itsyield inched down 7.27 per cent from 7.28 per cent.However, the 6.84 per cent government securitymaturing in 2022, the 8.15 per cent government securitymaturing in 2022 and the 8.20 per cent government securitymaturing in 2022 were quoted lower to Rs 98.32, Rs 103.24 and103.31 respectively.The overnight call money rates finished lower at 5.90per cent from last Friday's level 5.95 per cent. It resumedhigher at 6.00 per cent and moved in a range 6.05 per cent and5.75 per cent.Meanwhile, Reserve Bank of India, under the Liquidity Adjustment Facility, purchased securities worth Rs 84.70 billion in 10-bids at the overnight repo operation at a fixed rate of 6.00 per cent as on today, while it sold securities worth Rs 68.94 billion in 43-bids at the 3-days reverse repo auction at a fixed rate of 5.75 per cent as on January 12. PTI
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