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Mumbai, July 19 (PTI) Call rates finished higher at 5.50 per cent in the overnight call money market here today due to good buying from borrowing banks and government bond prices also recovered on fresh demand from banks and corporates. The call money rate ended higher at 5.50 per cent from last Friday''s closing level of 4.00 per cent after moving in a range from 5.85 per cent to 5.50 per cent. The 7.80 per cent government security maturing in 2020 rose to Rs 101.20 from Rs 101.09 previously, while its yield moved down to 7.62 per cent from 7.64 per cent. The 7.17 per cent government security maturing in 2015 moved up to Rs 99.23 from Rs 99.17, while its yield softened to 7.36 per cent from 7.37 per cent. The 7.46 per cent government security maturing in 2017 firmed up to Rs 99.19 from Rs 99.09, while its yield fell to 7.61 per cent from 7.63 per cent. The 8.20 per cent government security maturing in 2022, the 8.26 per cent government security maturing in 2027, the 7.02 per cent government security maturing in 2016 and the 6.49 per cent government security maturing in 2015 were also quoted higher at Rs 101.53, Rs 100.30, Rs 97.25 and Rs 96.15, respectively. The Reserve Bank of India (RBI), under the Liquidity Adjustment Facility (LAF), purchased securities worth Rs 45,175 crore from 23 bids at the one-day repo auction at a fixed rate of 5.50 per cent.
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