Mumbai: Government bond prices declined moderately due to fresh selling from banks and corporates while call rates ruled steady in the absence of market-moving factors on the call money market here on 6 June.
The 7.59% government security maturing in 2016 dropped further to Rs 96.41 from Rs 96.68 yesterday while its yield moved up to 8.17% from 8.12%.
The 7.38% government security maturing in 2015 closed lower at Rs 95.62 from Rs 95.77 previously while its yield looked up to 8.12 from 8.09%.
The 9.39% government security maturing in 2011 ended marginally down at Rs105.20 as against Rs 105.23 yesterday while its yield inched up to 7.87% from 7.86%. The 8.07% security maturing in 2017 also eased to Rs 99.86 from Rs 99.89 yesterday while its yield edged up to 8.09% from 8.08%.
The call rate ended at yesterday’s closing level of 0.50% after moving in a range of 0.30% and 0.75%.
The Reserve Bank of India (RBI), under the Liquidity Adjustment Facility (LAF) received 39 bids of Rs 56,745 crore at the one day repo auction at the rate of 6.00 per cent in the morning but the central bank accepted only Rs 1,998 crore.