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Call rates end lower 6.80-6.90 pc, bonds slip again

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Mumbai, Feb 23 (UNI) The call rates ended lower in the range of 6.80-6.90 per cent, as compared to yesterday's close at 6.90-7.00 per cent.

At the one-day repo auction, the Reserve Bank of India injected Rs 12,185 crore through 25 bids received at 6.50 per cent rate, as per the data released by the apex bank.

In the second one-day repo auction, RBI injected Rs 3,055 crore through 11 bids received.

The central bank absorbed Rs 255 crore through tree bids received in one-day reverse repo auction at the rate of 5.50 per cent.

In the call money market, RBI's borrowings were of 8,749.02 crore and lendings were worth Rs 8,748.01 crore yesterday at weighted average rate of 6.92 per cent.

The bonds ended lower today on apprehensions over the upcoming union budget.

The 8.07 per cent 2017 bond ended 28 paise down at Rs 105.10 and the yield went up by four basis point to 7.38 per cent.

The 7.37 per cent 2014 bond ended flat at Rs 100.45, the yield was also flat at 7.29 per cent.

UNI RRP GK SKB1936

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