Government bonds ends mixed, call rate remains lower

The government securities (G-Sec) closed mixed on alternate bouts of buying and selling, while call money rates both overnight and 3-days ended lower at the call money market due to lack of demand from borrowing banks.

The 8.15 per cent G-Sec maturing in 2022 moved down to Rs 99.71 from Rs 99.73 previously, while its yield held steady at 8.19 per cent.

The 8.07 per cent G-sec maturing in 2017 dropped to Rs 99.61 from Rs 99.69, while its yield held gained 8.17 per cent from 8.15 per cent.

The 8.20 per cent G-sec maturing in 2025 fell to Rs 99.34 from Rs 99.41, while its yield held inched up at 8.28 per cent from 8.27 per cent.

However, the 8.33 per cent G-sec maturing in 2026 went up to Rs 100.3525 from Rs 100.3575 previously, while its yield held stable at 8.28 per cent.

The 8.97 per cent G-sec maturing in 2030 rose to Rs 105.46 from Rs 105.4450, while its yield were unchanged at 8.38 per cent.

The 7.83 per cent G-sec maturing in 2018 climbed to Rs 98.2525 from Rs 98.23, while its yield slipped to 8.23 per cent from 8.24 per cent.

The overnight call money rate finished lower at 7.95 per cent from previous closing level of 8.12 per cent. It moved in a range of 8.10 per cent and 7.95 per cent and the 3-days call money rate ended down at 8.00 per cent from last Friday's close of 8.05 per cent. It moved in a range of 8.10 per cent and 7.90 per cent.

The Reserve Bank of India (RBI) under the Liquidity Adjustment Facility purchased securities worth Rs 679.50 billion in 38 bids at the three-days repo auction at a fixed rate of 8.00 per cent.

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