Bonds de­cline, call rates end lower

The Hindu Business Line - - BANKING - PTI

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.

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