Government securities settled mixed on alternate bouts of buying and selling. The 9.15 per cent government security maturing in 2024 inched up to Rs 103.95 from Rs 103.94 yesterday, while its yield softened to 8.63 per cent from 8.64 per cent.
The 8.79 per cent government security maturing in 2021 moved up to Rs 101.99 from Rs 101.96, while its yield ruled steady at 8.49 per cent and the 8.97 per cent government security maturing in 2030 also quoted higher at Rs 102.05 from Rs 101.90 previously. However, the 7.83 per cent government security maturing in 2018 declined to Rs 96.90 from Rs 96.97, while its yield edged up to 8.47 per cent from 8.45 per cent.
The 7.80 per cent government security maturing in 2021 moved down to Rs 95.29 from Rs 95.33, while its yield looked up to 8.54 per cent from 8.53 per cent. The 8.13 per cent government security maturing in 2022 and the 8.26 per cent government security maturing in 2027 also quoted lower at Rs 95.05 and Rs 95.98, respectively.
The Reserve Bank of India, under the Liquidity Adjustment Facility, purchased securities worth Rs 1,11,845 crore from 58 bids at one-day repo auction at a fixed rate of 8.50 per cent.
Call rate recovers
The call rate recovered at the overnight call money market here on Thursday due to fresh demand from borrowing banks. The rate closed higher at 8.73 per cent, compared with yesterday’s closing level of 8.55 per cent. It moved in a range of 8.75 per cent and 8.50 per cent.
