Bond yield eased amid fall in oil prices. Meanwhile, the yield moved in a narrow range ahead of an auction of a new eight-year paper later in the week that is expected to drag yields lower.
The weighted average rate in the overnight call money increased to 7.37% compared with 7.27% in previous session. The call money rate hovered in the range of 6.10% to 8.10% with the volume of Rs 12,300.50 crore.