Active Stocks
Thu Mar 28 2024 15:59:33
  1. Tata Steel share price
  2. 155.90 2.00%
  1. ICICI Bank share price
  2. 1,095.75 1.08%
  1. HDFC Bank share price
  2. 1,448.20 0.52%
  1. ITC share price
  2. 428.55 0.13%
  1. Power Grid Corporation Of India share price
  2. 277.05 2.21%
Business News/ Opinion / Online-views/  Bonds decline, call rates steady
BackBack

Bonds decline, call rates steady

Bonds decline, call rates steady

Premium

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 96.41 from 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 95.62 from 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 05.20 as against 105.23 yesterday while its yield inched up to 7.87% from 7.86%. The 8.07% security maturing in 2017 also eased to 99.86 from 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 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 1,998 crore.

Unlock a world of Benefits! From insightful newsletters to real-time stock tracking, breaking news and a personalized newsfeed – it's all here, just a click away! Login Now!

Catch all the Business News, Market News, Breaking News Events and Latest News Updates on Live Mint. Download The Mint News App to get Daily Market Updates.
More Less
Published: 06 Jun 2007, 01:41 PM IST
Next Story footLogo
Recommended For You
Switch to the Mint app for fast and personalized news - Get App