Government Bonds close mixed, call rate ends higher

The government securities (G-Sec) closed mixed on alternate bouts of buying and selling, while call money rates at the overnight money market ended higher here today on good demand from borrowing banks.

The 8.33 per cent G-Sec maturing in 2026 declined to Rs 103.1925 from Rs 103.30 last Friday, while its yield inched up by 7.94 per cent from 7.93 per cent previously.

The 8.20 per cent G-sec maturing in 2025 dropped to Rs 102.1550 from Rs 102.2250, while its yield edged up by 7.93 per cent from 7.92 per cent.

However, the 8.15 per cent G-sec maturing in 2022 gained to Rs 101.88 from Rs 101.8750, while its yield held steady at 7.86 per cent.

The 8.19 per cent G-sec maturing in 2020 rose to Rs 101.2175 from Rs 101.17, while its yield softened by 7.96 per cent from 7.97 per cent.

The overnight call money rate finished higher at 8.08 per cent from previous closing level of 7.75 per cent. It moved in a range of 8.10 per cent and 7.75 per cent.

The Reserve Bank of India (RBI) under the Liquidity Adjustment Facility purchased securities worth Rs 887.35 billion in 32 bids at the one-day repo auction at a fixed rate of 8.00 per cent, while sold securities worth Rs 0.05 billion in one-bid at the 1-day reverse repo auction at a fixed rate of 7 per cent in the evening auction.

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