Bonds decline, call rates end lower
Government bonds (G-Secs) declined on selling pressure from banks and corporates and the overnight call money rates also turned lower due to lack of demand from borrowing banks amid comfortable liquidity situation in the banking system. The 6.79 per cent government security maturing in 2027 slid to ₹100.25 from ₹100.33 of Wednesday, while its yield inched up to 6.75 per cent from 6.74 per cent. The overnight call money rates ended lower at 5.75 per cent from Wednesday’s level 5.80 per cent. It resumed higher at 6.00 per cent and moved in a range of 6.00 per cent and 5.75 per cent.