Bonds gain, call rates turn lower

Government bonds (G-Secs) rises further following fresh demand from corporates and banks, while, the overnight call money rates turned lower due to lack of demand from borrowing banks amid comfortable liquidity in the banking sytem.
The 7.17 per cent government security maturing in 2028 rose to Rs 100.28 from Rs 99.13, while, its yield moved down to 7.13 per cent from 7.29 per cent.
The 6.68 per cent government security maturing in 2031 gained to Rs 94.48 from Rs 93.21, while, its yield edged down to 7.33 per cent from 7.49 per cent.
The 6.79 per cent government security maturing in 2027 climbed to Rs 96.79 from Rs 95.70, while, its yield eased to 7.28 per cent from 7.45 per cent.
The 6.84 per cent government security maturing in 2022, the 8.20 per cent government security maturing in 2022 and the 8.15 per cent government security maturing in 2022 were also quoted higher to Rs 98.99, Rs 103.80 and Rs 103.65 respectively.
The overnight call money rates finished lower to 5.65 per cent from it's Wednesday's closing level of 5.80 per cent. It resumed higher at 6.00 per cent and moved in a range of 6.00 per cent and 5.50 per cent.
Meanwhile, the Reserve Bank of India (RBI), under the Liquidity Adjustment Facility (LAF), purchased securities worth Rs 37.50 billion in 7-bids at the overnight repo opertion at a fixed rate of 6.00 per cent as on today, while its sold securities worth Rs 936.02 billion in 76-bids at the overnight reverse repo auction at a fixed rate of 5.75 per cent as on April 04.
The 7.17 per cent government security maturing in 2028 rose to Rs 100.28 from Rs 99.13, while, its yield moved down to 7.13 per cent from 7.29 per cent.
The 6.68 per cent government security maturing in 2031 gained to Rs 94.48 from Rs 93.21, while, its yield edged down to 7.33 per cent from 7.49 per cent.
The 6.79 per cent government security maturing in 2027 climbed to Rs 96.79 from Rs 95.70, while, its yield eased to 7.28 per cent from 7.45 per cent.
The 6.84 per cent government security maturing in 2022, the 8.20 per cent government security maturing in 2022 and the 8.15 per cent government security maturing in 2022 were also quoted higher to Rs 98.99, Rs 103.80 and Rs 103.65 respectively.
The overnight call money rates finished lower to 5.65 per cent from it's Wednesday's closing level of 5.80 per cent. It resumed higher at 6.00 per cent and moved in a range of 6.00 per cent and 5.50 per cent.
Meanwhile, the Reserve Bank of India (RBI), under the Liquidity Adjustment Facility (LAF), purchased securities worth Rs 37.50 billion in 7-bids at the overnight repo opertion at a fixed rate of 6.00 per cent as on today, while its sold securities worth Rs 936.02 billion in 76-bids at the overnight reverse repo auction at a fixed rate of 5.75 per cent as on April 04.