Bonds end mixed, call rates rule steady

Mumbai, Mar 06 (PTI) Government bonds (G-Secs) ended mixed in a quiet trade following alternate bouts of buying and selling.

While, Interbank call money rates ruled steady as demand from borrowing banks match supplies.

The 7.17 per cent 10-year benchmark bond maturing in 2028 rose to Rs 95.88 from Rs 95.87, while its yield softened to 7.77 per cent from 7.78 per cent.

The 7.72 per cent government security maturing in 2025 gained to Rs 99.85 from Rs 99.75, while its yield edged down to 7.74 per cent from 7.76 per cent.

The 8.20 per cent government security maturing in 2022 went-up to Rs 102.5475 from Rs 102.50, while its yield inched down to 7.44 per cent from 7.45 per cent.

However, the 6.79 per cent government security maturing in 2027 declined to Rs 92.51 from Rs 92.55, while its yield held stable to 7.95 per cent.

The 6.68 per cent government security maturing in 2031 fell to Rs 88.98 from Rs 89.10, while its yield edged up to 8.03 per cent from 8.01 per cent.

The 8.27 per cent government security maturing in 2020 slipped to Rs 102.57 from Rs 102.60, while its yield inched up to 7.01 per cent from 7.00 per cent.

The overnight call money rates held stable at its previous level of 5.78 per cent, It resumed higher at 6.00 per cent and moved in a range of 6.00 per cent and 5.70 per cent.

Meanwhile, Reserve Bank of India, under the Liquidity Adjustment Facility, purchased securities worth Rs 36.00 billion in 5-bids at the overnight repo operation at a fixed rate of 6.00 per cent as on today, while it sold securities worth Rs 284.84 billion in 52-bids at the overnight reverse repo auction at a fixed rate of 5.75 per cent as on March 05.

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