Bonds recover while call rate edges up

The 8.08 per cent government security maturing in 2022 also shot up to Rs 97.8750 from Rs 97.54,while its yield dropped to 8.38 per cent from 8.43 per cent previously.

The 8.13 per cent government security maturing in 2022 too firmed up to Rs 98.26 from last close of Rs 97.90,while its yield slipped to 8.37 per cent from 8.42 per cent.

The 7.83 per cent government security maturing in 2018,the 7.59 per cent government security maturing in 2016 and the 8.30 per cent government security maturing in 2040 were also ended higher at Rs 97.76,Rs 97.40 and Rs 97.05,respectively.

The overnight call money rate settled slightly better at 8.05 per cent from 8.00 per cent yesterday. 4-Day call money rate moved in a range of 8.10 per cent and 7.90 per cent

before concluding at 8.10 per cent. The Reserve Bank of India (RBI) under the Liquidity Adjustment Facility (LAF) purchased securities worth Rs 50,110 crore from 27 bids at the four-days repo auction at a fixed rate of 8.00 per cent.