Home Market Govt bonds slip, call rates rule steady

Govt bonds slip, call rates rule steady

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Mumbai, July 27 (PTI) Government bonds (G-Secs) slipped today on selling pressure from banks and corporates, while, Interbank call money rates ruled steady for the second session as demand from borrowing banks match supplies.

The 7.17 per cent 10-year benchmark bond maturing in 2028 declined to Rs 95.97 from Rs 96.10, while its yield gained to 7.78 per cent from 7.76 per cent.

The 6.84 per cent government security maturing in 2022 decreased to Rs 96.4250 from Rs 96.48, while its yield gained to 7.82 per cent from 7.80 per cent.

The 6.68 per cent government security maturing in 2031 fell to Rs 89.5850 from Rs 89.60, while its yield ruled steady at 7.97 per cent.

The 7.59 per cent government security maturing in 2026 decreased to Rs 97.48 from Rs 97.52, while its yield edged up to 8.05 per cent from 8.04 per cent.

The overnight call money rates held stable at its previous closing level of 6.10 per cent, It opened at 6.30 per cent and moved in a range of 6.30 per cent and 5.95 per cent.

Meanwhile, Reserve Bank of India, under the Liquidity Adjustment Facility, purchased securities worth Rs 115.18 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 86.86 billion in 40-bids at the overnight reverse repo auction at a fixed rate of 6.00 per cent as on July 26. PTI RD RD RD

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