Markets

Bonds end mixed, call rates finish higher

Government bonds (G-Secs) ended mixed in a quiet trade following alternate bouts of buying and selling.

While, the overnight call money rates finished higher following good demand from borrowing banks amid tight liquidity in the banking system.

The 7.17 per cent 10-year benchmark bond maturing in 2028 eased to Rs 97.1850 from Rs 97.25, while its yield inched up to 7.58 per cent from 7.56 per cent.

The 6.79 per cent government security maturing in 2027 went-down to Rs 93.77 from Rs 93.84, while its yield edged up to 7.74 per cent from 7.73 per cent.

The 6.84 per cent government security maturing in 2022 slipped to Rs 97.87 from Rs 97.89, while its yield inched up to 7.37 per cent from 7.36 per cent.

However, the 8.20 per cent government security maturing in 2022 rose to Rs 102.89 from Rs 102.87, while its yield softened to 7.35 per cent from 7.36 per cent.

The 7.72 per cent government security maturing in 2025 gained to Rs 100.37 from Rs 100.2950, while its yield edged down 7.65 per cent from 7.66 per cent.

The overnight call money rates ended higher to 5.90 per cent from Thursday's level of 5.80 per cent. It resumed higher at 6.05 per cent and moved in a range 6.05 per cent and 5.70 per cent.

Meanwhile, Reserve Bank of India, under the Liquidity Adjustment Facility, purchased securities worth Rs 40.55 billion in 7-bids at the 4-days repo operation at a fixed rate of 6.00 per cent as on today, while it sold securities worth Rs 205.27 billion in 56-bids at the overnight reverse repo auction at a fixed rate of 5.75 per cent as on February 15.

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