Connect with us

Hi, what are you looking for?

Finance

Bonds rebound, call rates rule steady for 2nd day

Government bonds (G-Secs) rebounded following renewed demand..

Government bonds (G-Secs) rebounded following renewed demand from corporates and banks.

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

The 7.17 per cent government security maturing in 2028 rose to Rs 95.82 from Rs 95.32, while, its yield moved down to 7.79 per cent from 7.87 per cent.

The 6.68 per cent government security maturing in 2031 climbed to Rs 89.31 from Rs 88.65, while, its yield down to 8.00 per cent from 8.09 per cent.

The 6.84 per cent government security maturing in 2022 went-up to Rs 96.39 from Rs 96.07, while, its yield eased to 7.79 per cent from 7.88 per cent.

The 7.59 per cent government security maturing in 2026, the 6.79 per cent government security maturing in 2027 and the 7.16 per cent government security maturing in 2023 were also quoted higher to Rs 97.60, Rs 93.00 and Rs 97.10 respectively.

The overnight call money rates ruled steady at its previous level of 5.80 per cent, It resumed higher at 6.05 per cent and moved in a range of 6.05 per cent and 5.70 per cent.

Meanwhile, the Reserve Bank of India (RBI), under the Liquidity Adjustment Facility (LAF), purchased securities worth Rs 69.08 billion in 8-bids at the 3-days repo opertion at a fixed rate of 6.00 per cent as on today, while its sold securities worth Rs 164.47 billion in 50-bids at the overnight reverse repo auction at a fixed rate of 5.75 per cent as on May 24.

Original Article

[contf]
[contfnew]

ET Markets

[contfnewc]
[contfnewc]

Finance

In an interview with ET Now, Dabur India Director Mohit Burm..

Science

The 147th Open championship will be at Carnoustie Golf Club in Scotland. Jan Kruger/R&A Golfers ..

Tech

Enlarge Oliver Morris/Getty Images) In response to an Ars re..

Tech

Enlarge/ You wouldn't really want to use Nvidia's ..