Bonds end mixed, call rates maintain steady

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

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

The 6.79 per cent 10-year benchmark bond maturing in 2029 were weakened to Rs 99.75 from Rs 99.7750 yesterday, while its yield held stable to 6.82 per cent.

The 6.79 per cent government security maturing in 2027 were declined to Rs 102.0650 from Rs 102.08 previously, while its yield ruled steady to 6.50 per cent.

The 7.72 per cent government security maturing in 2025 were slid to Rs 105.49 from Rs 105.51 previously, while its yield held steady to 6.79 per cent.

However, the 6.68 per cent government security maturing in 2031, the 7.68 per cent government security maturing in 2023 and the 6.57 per cent government security maturing in 2033 were quoted higher to Rs 100.4475, Rs 105.40 and Rs 97.20 respectively.

The overnight call money rates continued steady at its yesterday's level of 5.80 per cent, It resumed higher to 5.95 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 16.35 billion in 3-bids at the overnight repo operation at a fixed rate of 6.00 per cent as on today, while it sold securities worth Rs 106.79 billion in 43-bids at the overnight reverse repo auction at a fixed rate of 5.75 per cent as on September 04.

(This article has not been edited by Zeebiz editorial team and is auto-generated from an agency feed.)