Bond yield eased by 06 bps after hitting a low of 7.6060% earlier, its lowest level since July 15, 2013 amid surprise cut in repo rate by 25 bps by RBI but profit booking by participants restricted fall.
The weighted average rate in the overnight call money eased to 7.26% compared with 7.49% in previous session. The call money rate hovered in the range of 5.80% to 7.70% with the volume of Rs 11,906.93 crore.