Bonds slip, call rates rule steady

Government bonds (G-Secs) slipped on selling pressure from banks and corporates, 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 fell to Rs 95.69 from Rs 95.9850, while its yield rose to 7.82 per cent from 7.77 per cent.

The 6.68 per cent government security maturing in 2031 went-down to Rs 89.4050 from Rs 89.63, while its yield edged up to 7.99 per cent from 7.96 per cent.

The 6.84 per cent government security maturing in 2022 declined to Rs 96.25 from Rs 96.45, while its yield moved up to 7.85 per cent from 7.79 per cent.

The 7.59 per cent government security maturing in 2026, the 6.65 per cent government security maturing in 2020 and the 8.27 per cent government security maturing in 2020 were also quoted lower to Rs 97.49, Rs 98.7275 and Rs 101.49 respectively.

The overnight call money rates held stable at its previous closing level of 6.25 per cent, It resumed higher at 6.30 per cent and moved in a range of 6.35 per cent and 6.00 per cent.

Meanwhile, Reserve Bank of India, under the Liquidity Adjustment Facility, purchased securities worth Rs 186.98 billion in 23-bids at the 3-days repo operation at a fixed rate of 6.25 per cent as on today, while it sold securities worth Rs 86.78 billion in 42-bids at the overnight reverse repo auction at a fixed rate of 6.00 per cent as on June 21.

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