Bond prices decline, call rate ends higher at 6.20 pc
Government bond prices declined due to fresh selling from banks and corporates while call rate ended higher at 6.20 per cent on the overnight call money market on good demand from borrowing banks.
By PTI |
MUMBAI: Government bond prices declined due to fresh selling from banks and corporates while call rate ended higher at 6.20 per cent on the overnight call money market on good demand from borrowing banks.
Government bond prices fell by on an average 30 paise to fourty paise.
The 7.99 per cent government stock maturing in 2017 fell to Rs 99.40 from Rs 99.82 previously while its yield firmed up to 8.08 per cent from 8.01 per cent.
The 8.33 per cent government stock maturing in 2036 slipped to Rs 97.21 from Rs 97.60 previously while its yield inched up to 8.59 per cent from 8.56 per cent.
The 7.95 per cent government stock maturing in 2032 dropped to Rs 93.45 from Rs 93.69 previously while its yield edged up to 8.59 per cent from 8.57 per cent.
The 7.38 per cent government stock maturing in 2015 was quoted lower at Rs 96.00 as against Rs 96.30 previously.
The 7.37 per cent government stock maturing in 2014 was quoted at Rs 96.90 and its yiled at 8.03 per cent.
The call rate closed higher at 6.20 per cent as against 6.10 per cent previously after reaching to a high of 6.30 per cent.
The Reserve Bank of India (RBI), under the Liquidity Adjustment Facility (LAF) accepted 14 bids of Rs 13,370 crore at the one day reverse repo auction at the rate of 6.00 per cent.
Government bond prices fell by on an average 30 paise to fourty paise.
The 7.99 per cent government stock maturing in 2017 fell to Rs 99.40 from Rs 99.82 previously while its yield firmed up to 8.08 per cent from 8.01 per cent.
The 8.33 per cent government stock maturing in 2036 slipped to Rs 97.21 from Rs 97.60 previously while its yield inched up to 8.59 per cent from 8.56 per cent.
The 7.95 per cent government stock maturing in 2032 dropped to Rs 93.45 from Rs 93.69 previously while its yield edged up to 8.59 per cent from 8.57 per cent.
The 7.38 per cent government stock maturing in 2015 was quoted lower at Rs 96.00 as against Rs 96.30 previously.
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The 7.37 per cent government stock maturing in 2014 was quoted at Rs 96.90 and its yiled at 8.03 per cent.
The call rate closed higher at 6.20 per cent as against 6.10 per cent previously after reaching to a high of 6.30 per cent.
The Reserve Bank of India (RBI), under the Liquidity Adjustment Facility (LAF) accepted 14 bids of Rs 13,370 crore at the one day reverse repo auction at the rate of 6.00 per cent.
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